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WYNN

Wynn Resorts

$179.83

-3.45 (-1.88%)

, MGM

MGM Resorts

$35.31

1.6299 (4.84%)

14:19
04/12/18
04/12
14:19
04/12/18
14:19

Wynn in early talks to sell Boston project to MGM Resorts, WSJ says

Wynn Resorts (WYNN) has been in talks to sell its partially built Boston-area casino project to rival MGM Resorts International (MGM), according to The Wall Street Journal, citing people familiar with the matter. The talks are at an early stage and regulatory issues surrounding any potential deal would be complex, since Massachusetts forbids companies from operating more than one casino in the state and MGM is planning to open one in Springfield soon, sources said. Reference Link

WYNN

Wynn Resorts

$179.83

-3.45 (-1.88%)

MGM

MGM Resorts

$35.31

1.6299 (4.84%)

  • 26

    Apr

WYNN Wynn Resorts
$179.83

-3.45 (-1.88%)

04/02/18
04/02/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Tesla (TSLA) upgraded to Hold from Underperform at Jefferies with analyst Philippe Houchois saying Tesla shares are down 32% from their September 2017 peak and he sees a "high probability" that management and the board, when releasing first quarter unit data this week, take "more drastic action" on guidance and funding to "restore credibility." 2. Allstate (ALL) upgraded to Market Perform from Underperform at Keefe Bruyette with analyst Meyer Shields expecting strong first quarter results from the company. 3. Discovery (DISCA) upgraded to Outperform from Market Perform at Wells Fargo with analyst Marci Ryvicker saying she believes the stock offers a "compelling" risk/reward profile at current share levels. 4. Darden (DRI) was upgraded to Outperform from Sector Perform at RBC Capital and to Outperform from Market Perform at Raymond James. 5. Wynn Resorts (WYNN) upgraded to Buy from Neutral at Roth Capital with analyst David Bain saying he views regulatory and other risks as diminished, with Massachusetts likely remaining as the largest one still outstanding. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/02/18
ROTH
04/02/18
UPGRADE
Target $206
ROTH
Buy
Wynn Resorts upgraded to Buy from Neutral at Roth Capital
Roth Capital analyst David Bain upgraded Wynn Resorts to Buy from Neutral as he views regulatory and other risks as diminished, with Massachusetts likely remaining as the largest one still outstanding. While the analyst does not believe the "Steve Wynn stock multiple premium" will return, fundamental underpinnings are too strong for shares to not retrace at least closer to historical stock multiple averages in the near-to-intermediate term. Bain also raised his price target on the shares to $206 from $170.
03/27/18
JPMS
03/27/18
NO CHANGE
Target $214
JPMS
Overweight
Wynn Resorts price target raised to $214 from $196 at JPMorgan
JPMorgan analyst Joseph Greff raised his price target for Wynn Resorts to $214 after increasing his 2018 and 2019 Macau property level EBITDA estimates by 3%. The analyst sees "continued healthy growth" in Macau and Wynn-specific premium mass momentum. Greff sees an "increasingly favorable" risk/reward on shares of Wynn Resorts following the "recent risk-reducing events" over the past month. He keeps an Overweight rating on the name.
03/23/18
03/23/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Wynn Resorts (WYNN) and Wynn Macau (WYNMF) were upgraded to Buy from Hold at Union Gaming. 2. Cisco (CSCO) upgraded to Conviction Buy from Buy at Goldman Sachs with analyst Rod Hall saying as market volatility increases, Cisco provides a "relatively defensive" name in the sector. 3. General Mills (GIS) upgraded to Positive from Neutral at Susquehanna. 4. MPLX (MPLX) upgraded to Overweight from Equal Weight and Dominion Midstream (DM) upgraded to Equal Weight from Underweight at Morgan Stanley. 5. KB Home (KBH) upgraded to Outperform from Market Perform at Wells Fargo with analyst Stephen East saying the shares have fallen 25% since January 11, the worst in the group, while estimates "must rise." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
MGM MGM Resorts
$35.31

1.6299 (4.84%)

04/03/18
BOFA
04/03/18
NO CHANGE
BOFA
BofA/Merrill's Top 10 US Ideas for Q2 2018
BofA/Merrill introduced its Top 10 Ideas for Q2 2018. They are Buy rated Abbott (ABT), ADP (ADP),Coca-Cola European Partners (CCE), Discovery (DISCA), Dover (DOV), Lowe's (LOW), MGM Resorts (MGM), and Qualcomm (QCOM), and Underperform rated Ralph Lauren (RL) and BlackBerry (BB).
03/15/18
MSCO
03/15/18
NO CHANGE
MSCO
Las Vegas Sands, Wynn Resorts targets raised at Morgan Stanley after Macau trip
After visiting Macau last week, Morgan Stanley analyst Thomas Allen raised his 2018/2019 EBITDA forecast for Las Vegas Sands by 1%, citing strong visitation growth over Chinese New Year, less MGM (MGM) Cotai cannibalization, and less renovation disruption at Cotai Central, all of which make him lower his projection for Las Vegas' market share decline to only 0.4% in loss versus his prior view of a 1% share loss. While it appears the new MGM Cotai has attracted a lot of visitors since opening, Allen believes a mixture of service issues and low hold will impact near-term results. For Wynn Resorts (WYNN), Allen raised his 2018/2019 EBITDA view by 4%/2% to reflect stronger results in both Macau and Vegas. Allen increased his price target on Las Vegas Sands shares to $82 from $81, upped his Wynn target to $194 from $193 and keeps a $40 price target on MGM Resorts.
03/08/18
STFL
03/08/18
NO CHANGE
STFL
Stifel returns from Macau trip with 'much more positive' view for 2018
Stifel analyst Steven Wieczynski said that after meeting with property managements and industry contacts in Macau recently he came back with a "much more positive/constructive view for 2018" than he was previously forecasting. It was clear that operators were "thrilled" with how the Chinese New Year holiday played out and demand post-CNY had continued to be strong, especially on the VIP side, Wieczynski tells investors. He maintains his Buy rating on Las Vegas Sands (LVS) and Hold ratings on MGM Resorts (MGM) and Wynn Resorts (WYNN). Melco Resorts (MLCO) is another publicly traded company in the Macau gaming space.
01/18/18
JEFF
01/18/18
INITIATION
Target $43
JEFF
Buy
MGM Resorts initiated with a Buy at Jefferies
Jefferies analyst David Katz started MGM Resorts (MGM) with a Buy rating and $43 price target. The analyst says the Cotai opening in the near term and positive capital deployment trump concerns over challenging Las Vegas comparisons. Katz initiated 11 Gaming names after today's close, naming Wynn Resorts (WYNN), Eldorado Resorts (ERI) and Penn National (PENN) his top picks.

TODAY'S FREE FLY STORIES

MDT

Medtronic

$90.40

-3.28 (-3.50%)

09:02
11/20/18
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09:02
Hot Stocks
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CRNT

Ceragon Networks

$4.30

0.07 (1.65%)

09:02
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    Dec

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CRM

Salesforce

$121.00

-11.59 (-8.74%)

09:00
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11/20
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09:00
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Salesforce analyst commentary  »

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    Mar

08:57
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11/20
08:57
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08:57
General news
Redbook Store Sales data reported »

Week of 11/17 Redbook…

CBRL

Cracker Barrel

$174.86

5.18 (3.05%)

08:56
11/20/18
11/20
08:56
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08:56
Downgrade
Cracker Barrel rating change  »

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  • 27

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EQM

EQT Midstream Partners

$47.77

-0.68 (-1.40%)

08:55
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11/20
08:55
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08:55
Upgrade
EQT Midstream Partners rating change  »

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GE

General Electric

$7.84

-0.2 (-2.49%)

, BAC

Bank of America

$27.76

(0.00%)

08:55
11/20/18
11/20
08:55
11/20/18
08:55
Options
Notable open interest changes for November 20th »

Monday's total…

GE

General Electric

$7.84

-0.2 (-2.49%)

BAC

Bank of America

$27.76

(0.00%)

AAPL

Apple

$185.80

-7.62 (-3.94%)

NVDA

Nvidia

$144.66

-19.72 (-12.00%)

03/08/13
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  • 26

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  • 10

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  • 12

    Feb

ETRN

Equitrans Midstream

$20.53

-0.34 (-1.63%)

08:55
11/20/18
11/20
08:55
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08:55
Initiation
Equitrans Midstream initiated  »

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ZOES

Zoe's Kitchen

$12.75

0.01 (0.08%)

08:55
11/20/18
11/20
08:55
11/20/18
08:55
Conference/Events
Zoe's Kitchen to host special shareholder meeting »

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03/08/13
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  • 20

    Nov

BKI

Black Knight

$45.54

-4.23 (-8.50%)

, DNB

Dun & Bradstreet

$142.62

0.35 (0.25%)

08:53
11/20/18
11/20
08:53
11/20/18
08:53
Recommendations
Black Knight, Dun & Bradstreet analyst commentary  »

Black Knight investment…

BKI

Black Knight

$45.54

-4.23 (-8.50%)

DNB

Dun & Bradstreet

$142.62

0.35 (0.25%)

03/08/13
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  • 03

    Dec

MITK

Mitek Systems

$9.42

-0.425 (-4.32%)

08:52
11/20/18
11/20
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Hot Stocks
Elliott expresses concern over Mitek's refusal to engage with ASG Technologies »

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INTU

Intuit

$198.50

-12.85 (-6.08%)

08:51
11/20/18
11/20
08:51
11/20/18
08:51
Recommendations
Intuit analyst commentary  »

Intuit price target…

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  • 26

    Nov

  • 04

    Dec

TGT

Target

$77.13

-1.9 (-2.40%)

08:50
11/20/18
11/20
08:50
11/20/18
08:50
Hot Stocks
Breaking Hot Stocks news story on Target »

Target says no update on…

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  • 20

    Nov

  • 03

    Mar

SPB

Spectrum Brands

$48.20

-11.16 (-18.80%)

08:49
11/20/18
11/20
08:49
11/20/18
08:49
Downgrade
Spectrum Brands rating change  »

Spectrum Brands…

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TGT

Target

$77.13

-1.9 (-2.40%)

08:46
11/20/18
11/20
08:46
11/20/18
08:46
Hot Stocks
Target CEO 'very excited' about 2019, 2020 given reception to store remodels »

Target CEO Brian Cornell…

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  • 20

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TGT

Target

$77.13

-1.9 (-2.40%)

08:46
11/20/18
11/20
08:46
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08:46
Technical Analysis
Technical Take: Target drops sharply after earnings disappoint »

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  • 20

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PRSP

Perspecta

$20.46

-0.85 (-3.99%)

08:46
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Perspecta awarded $89.5M task order by Centers for Medicare & Medicaid »

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ITRI

Itron

$52.64

-1.13 (-2.10%)

08:46
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Itron signs contract with Conelectricas R.L. »

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FMS

Fresenius Medical

$39.01

-1.14 (-2.84%)

08:45
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Recommendations
Fresenius Medical analyst commentary  »

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TGT

Target

$77.13

-1.9 (-2.40%)

08:45
11/20/18
11/20
08:45
11/20/18
08:45
Hot Stocks
Breaking Hot Stocks news story on Target »

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  • 20

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DDS

Dillard's

$66.92

2.34 (3.62%)

, GGB

Gerdau

$4.30

-0.045 (-1.04%)

08:45
11/20/18
11/20
08:45
11/20/18
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

DDS

Dillard's

$66.92

2.34 (3.62%)

GGB

Gerdau

$4.30

-0.045 (-1.04%)

HCLP

Hi-Crush Partners

$7.12

-0.38 (-5.07%)

PCG

PG&E

$23.27

-1.12 (-4.59%)

PAAS

Pan American Silver

$13.27

0.28 (2.16%)

JNK

SPDR Barclays High Yield Bond

$34.56

-0.055 (-0.16%)

SHOP

Shopify

$133.74

-17.11 (-11.34%)

BUD

AB InBev

$78.27

-0.55 (-0.70%)

SIRI

Sirius XM

$6.04

-0.235 (-3.75%)

03/08/13
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  • 26

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08:45
11/20/18
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08:45
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General news
FX Action: The dollar »

FX Action: The dollar…

08:45
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08:45
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General news
Treasury Action: yields consolidated above lows »

Treasury Action: yields…

LIVN

LivaNova

$120.28

-4.97 (-3.97%)

08:44
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LivaNova analyst commentary  »

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  • 20

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XOM

Exxon Mobil

$79.24

0.25 (0.32%)

08:43
11/20/18
11/20
08:43
11/20/18
08:43
Downgrade
Exxon Mobil rating change  »

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