BofA analyst Shaun Kelley upgraded Wynn Resorts (WYNN) and Las Vegas Sands (LVS) to Buy from Neutral. The analyst is also keeping the price target on Wynn at $150 and raising it on Las Vegas Sands to $80 from $72. Kelley cites the declining sequential and daily growth rates of new coronavirus cases in Wuhan/China, as well as the efforts by Beijing to control the spread and the positive recent commentary on the disease from the WHO. The analyst further notes that while the risk of coronavirus casis being under-reported remains, he also notes that the muted response in Macau casino gaming relative to prior corrections reflects the "passing nature of the threat".