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Fly News Breaks for November 8, 2018
MGM, LVS, WYNN
Nov 8, 2018 | 09:46 EDT
Roth Capital analyst David Bain lowered his price target for Wynn Resorts (WYNN) to $140 from $210 as he believes Q4 Macau EBITDA guidance of between $304M-$340M versus $400M consensus exposes VIP/high-end play volatility in Macau and downside risks in the current China economy. While Wynn is the most exposed to VIP weakness in Macau, the analyst believes commentary stops the small momentum other Macau names were beginning to build since Las Vegas Sands (LVS) and MGM Resorts (MGM) reported earnings. He reiterates a Buy rating on Wynn's shares.
News For WYNN;LVS;MGM From the Last 2 Days
WYNN, LVS, MGM
Apr 26, 2024 | 16:06 EDT
Welcome to the latest edition of "Bet On It," where The Fly looks at news and activity in the sports betting and iGaming space. SECTOR NEWS: Nevada... To see the rest of the story go to thefly.com. See Story Here
LVS, WYNN, MGM
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