Deutsche Bank analyst Carlo Santarelli maintains $Wynn Resorts (WYNN.US)$ with a buy rating, and adjusts the target price from $122 to $118.
According to TipRanks data, the analyst has a success rate of 57.8% and a total average return of 18.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Wynn Resorts (WYNN.US)$'s main analysts recently are as follows:
After evaluating Wynn Resorts' Q3 report, it was observed that both Macau and Las Vegas performance fell short of expectations, with a more cautious outlook prevailing overall.
The firm observed that Wynn Resorts' Q3 EBITDA fell short of both its own and the Street's estimates due to underperformance in the Las Vegas and Macau segments, without any significant one-time factors. Despite the challenging setup, the firm maintains a positive outlook on the company's valuation, potential for capital returns, and growth opportunities.
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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