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A Quick Look at Today's Ratings for Wynn Resorts(WYNN.US), With a Forecast Between $113 to $118

Futu News ·  Nov 6 21:00  · Ratings

On Nov 06, major Wall Street analysts update their ratings for $Wynn Resorts (WYNN.US)$, with price targets ranging from $113 to $118.

J.P. Morgan analyst Joseph Greff maintains with a buy rating, and adjusts the target price from $101 to $113.

Citi analyst George Choi maintains with a buy rating, and adjusts the target price from $138 to $116.

Deutsche Bank analyst Carlo Santarelli maintains with a buy rating, and adjusts the target price from $122 to $118.

Mizuho Securities analyst Benjamin Chaiken maintains with a buy rating.

Furthermore, according to the comprehensive report, the opinions of $Wynn Resorts (WYNN.US)$'s main analysts recently are as follows:

  • Following the Q3 report, there's an observation that both Macau and Las Vegas performances were below expectations, with a generally more cautious outlook overall.

  • It has been observed that Wynn Resorts' Q3 EBITDA fell short of both the previous and the Street's estimates due to underperformance in Las Vegas and Macau markets, and there were no significant one-time factors to consider. Despite the challenging situation, there remains a positive outlook based on valuation, potential capital returns, and growth opportunities.

Here are the latest investment ratings and price targets for $Wynn Resorts (WYNN.US)$ from 4 analysts:

StockTodayLatestRating_nn_201595_20241106_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

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.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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