Wells Fargo analyst Daniel Politzer maintains $Wynn Resorts (WYNN.US)$ with a buy rating, and adjusts the target price from $115 to $125.
According to TipRanks data, the analyst has a success rate of 60.1% and a total average return of 10.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Wynn Resorts (WYNN.US)$'s main analysts recently are as follows:
Expectations for gaming spaces are mixed, with high hopes pinned on Macau's performance, while projections for Las Vegas Strip and Locals have been moderated. Regional trends continue to be subdued, and weather conditions may pose further challenges.
For Q3, analysts are particularly optimistic about the digital gaming sector, where they believe the fundamentals and commentary are most favorable. Regarding Macau, it's believed to be at a significant juncture, while there is a cautious stance on land-based gaming within the U.S.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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