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Fly News Breaks for January 16, 2019
WYNN
Jan 16, 2019 | 07:40 EDT
Stifel analyst Steven Wieczynski said he continues to believe Wynn Resorts was setting "an extremely low bar" with its guidance back in November but he feels comfortable, with official Macau GGR results through December now in hand, that Wynn was able to slightly exceed the high-end of its EBITDA/day forecast. He raised his Macau property-level EBITDA forecast for Q4 by about 13% and increased his price target on Wynn Resorts shares to $141 from $138. He keeps a Buy rating on the stock.
News For WYNN From the Last 2 Days
