Goldman Sachs Reiterates Neutral on Wynn Resorts, Limited (WYNN)

By admin | 6 years ago

Wynn Resorts, Limited (NASDAQ: WYNN)‘s stock had its “neutral” rating reiterated by equities research analysts at Goldman Sachs (NYSE: GS) in a research note issued to investors on Tuesday.

A number of other firms have also recently commented on WYNN. Analysts at Topeka Capital initiated coverage on shares of Wynn Resorts, Limited in a research note to investors on Friday, May 11st. They set a “buy” rating and a $180.00 price target on the stock. Separately, analysts at Zacks downgraded shares of Wynn Resorts, Limited from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, May 9th. They now have a $125.00 price target on the stock. Finally, analysts at Barclays Capital (NYSE: BCS) raised their price target on shares of Wynn Resorts, Limited from $164.00 to $176.00 in a research note to investors on Tuesday, May 8th. They now have an “overweight” rating on the stock.

Wynn Resorts, Limited opened at 106.45 on Tuesday. 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 $11.997 billion and a price-to-earnings ratio of 22.57.

Wynn Resorts, Limited last posted its quarterly earnings results on Monday, May 7th. The company reported $1.33 earnings per share for the quarter, missing the analysts’ consensus estimate of $1.40 by $0.07. Wynn Resorts, Limited’s revenue was up 4.2% compared to the same quarter last year. Analysts expect that Wynn Resorts, Limited will post $1.53 EPS next quarter.

Wynn Resorts, Limited (Wynn Resorts) is a developer, owner and operator of destination casino resorts.

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