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Wynn Resorts price target raised to $164 from $155 at Jefferies

Jefferies raised the firm’s price target on Wynn Resorts (WYNN) to $164 from $155 and keeps a Buy rating on the shares. Jefferies told investors in a research note that Wynn should benefit from continued growth in Macau while its premium focus makes it a relative winner on the Las Vegas strip. With same-store growth very limited, the firm believes upside opportunities are best in internal and new market capital growth. Jefferies updated FY26 estimates and launched FY27 estimates, which the firm said “substantiate” its upside cases for these Buy-rated names.

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