Jefferies analyst David Katz believes the prospectus filing last night by Steve Wynn does not suggest liquidation is imminent. The analyst continues to think investor focus should be on the highest value outcome, which he notes could include Wynn Resorts repurchasing the shares or an outright company sale. Katz sees Wynn's better than expected operating performance as providing share support. He reiterates a Buy rating on the stock. Jefferies analyst David Katz believes the prospectus filing last night by Steve Wynn does not suggest liquidation is imminent. The analyst continues to think investor focus should be on the highest value outcome, which he notes could include Wynn Resorts repurchasing the shares or an outright company sale. Katz sees Wynn's better than expected operating performance as providing share support. He reiterates a Buy rating on the stock.