Citigroup Boosts Price Target on Wynn Resorts, Limited (WYNN)

By admin | 6 years ago

Equities research analysts at Citigroup (NYSE: C) lifted their price target on shares of Wynn Resorts, Limited (NASDAQ: WYNN) to $150.00 in a research note issued to investors on Wednesday. The firm currently has a “neutral” rating on the stock.

WYNN has been the subject of a number of other recent research reports. Analysts at Imperial Capital initiated coverage on shares of Wynn Resorts, Limited in a research note to investors on Thursday, April 26th. They set an “outperform” rating and a $151.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Nomura (NYSE: NMR) reiterated a “buy” rating on shares of Wynn Resorts, Limited in a research note to investors on Thursday, April 26th. Finally, analysts at Morgan Stanley (NYSE: MS) raised their price target on shares of Wynn Resorts, Limited from $130.00 to $136.00 in a research note to investors on Monday, April 23rd.

Wynn Resorts, Limited traded down 2.32% on Wednesday, hitting $130.55. Wynn Resorts, Limited has a 52-week low of $101.02 and a 52-week high of $172.58. The company has a market cap of $16.226 billion and a price-to-earnings ratio of 27.39.

Wynn Resorts, Limited is a developer, owner and operator of destination casino resorts. The Company owns and operates two destination casino resorts.

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