UBS AG Boosts Price Target on Wynn Resorts, Limited (WYNN)

By admin | 6 years ago

UBS AG (NYSE: UBS) boosted their price target on shares of Wynn Resorts, Limited (NASDAQ: WYNN) from $151.00 to $165.00 in a research note issued on Tuesday. The firm currently has a “buy” rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank (NYSE: DB) raised their price target on shares of Wynn Resorts, Limited to $177.00 in a research note to investors on Tuesday. Separately, analysts at Compass Point reiterated a “sell” rating on shares of Wynn Resorts, Limited in a research note to investors on Tuesday. Finally, analysts at Citigroup (NYSE: C) raised their price target on shares of Wynn Resorts, Limited to $150.00 in a research note to investors on Wednesday, May 2nd. They now have a “neutral” rating on the stock.

Wynn Resorts, Limited traded down 3.08% on Tuesday, hitting $115.5609. 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 $14.363 billion and a price-to-earnings ratio of 25.28.

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 $1.52 EPS next quarter.

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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