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WYNN

Wynn Resorts

$163.22

-2.26 (-1.37%)

07:51
02/07/18
02/07
07:51
02/07/18
07:51

Wynn Resorts upgraded to Overweight from Neutral at JPMorgan

WYNN Wynn Resorts
$163.22

-2.26 (-1.37%)

02/01/18
JEFF
02/01/18
NO CHANGE
Target $220
JEFF
Buy
No news in Massachusetts is good news for Wynn, says Jefferies
Jefferies analyst David Katz says yesterday's Massachusetts Gaming Commission meeting yielded no conclusions or actions regarding Wynn Mass LLC's Greater Boston gaming license. The lack of conclusive results should alleviate immediate concerns about the impact to the license, Katz tells investors in a research note titled "No News Is Good News." He believes that while revocation is an option in Massachusetts, it is not likely. The analyst keeps a Buy rating on Wynn Resorts with a $220 price target.
02/01/18
NOMU
02/01/18
NO CHANGE
Target $175
NOMU
Neutral
Wynn Resorts price target lowered to $175 from $195 at Nomura Instinet
Nomura Instinet analyst Harry Curtis lowered his price target for Wynn Resorts to $175 to reflect the increased probability of a negative outcome in Massachusetts. The analyst keeps a Neutral rating on the shares following yesterday's hearing.
02/07/18
SBSH
02/07/18
NO CHANGE
Target $228
SBSH
Buy
Wynn will be 'business as usual' under Maddox, says Citi
Wynn Resorts will be "business as usual" under the leadership of Matt Maddox, Citi analyst Anil Daswani tells investors in a research note. Under the leadership of Steve Wynn, Wynn has built some of the highest quality casino resorts in the world which are now managed by a team of seasoned management, Daswani argues. He believes the departure of Steve Wynn will have limited impact on the long term prospects of the company. The analyst keeps a Buy rating on the shares with a $228 price target.
02/07/18
DBAB
02/07/18
NO CHANGE
Target $199
DBAB
Buy
Wynn resignation removes 'most negative scenarios,' says Deutsche Bank
Deutsche Bank analyst Carlo Santarelli says that while not entirely surprising, news of Steve Wynn's resignation "certainly comes with an element of shock," which could weigh on shares of Wynn Resorts this morning. The analyst, however, believes the market has anticipated the news. As such, he thinks "most negative scenarios" for the company are removed from the table with the announcement. Further, Santarelli thinks some investors will question the potential for a broader strategic action following Wynn's resignation. The analyst keeps a Buy rating on the shares with a $199 price target.

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