Deutsche Bank Keeps a Buy Rating on Wynn Resorts (WYNN)


Deutsche Bank analyst Carlo Santarelli maintained a Buy rating on Wynn Resorts (NASDAQ: WYNN) yesterday and set a price target of $195. The company’s shares closed yesterday at $152.95.

According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 13.3% and a 69.2% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Marriott International, and Pinnacle Entertainment.

Wynn Resorts has an analyst consensus of Moderate Buy, with a price target consensus of $183.67, representing a 20.1% upside. In a report issued on August 1, Jefferies also reiterated a Buy rating on the stock.

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The company has a one-year high of $203.63 and a one-year low of $124.11. Currently, Wynn Resorts has an average volume of 2.55M.

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Wynn Resorts Ltd. is a holding company, which engages in the development, ownership, and operation of destination casino resorts. It operates through the following segments: Wynn Macau, Wynn Palace, and Las Vegas Operations. The Las Vegas Operations segment covers Wynn Las Vegas and Encore.

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