Morgan Stanley Keeps a Hold Rating on Wynn Resorts (WYNN)


In a report released today, Thomas Allen from Morgan Stanley maintained a Hold rating on Wynn Resorts (WYNN), with a price target of $130. The company’s shares closed yesterday at $124.14.

According to TipRanks.com, Allen is a 1-star analyst with an average return of -1.0% and a 42.5% success rate. Allen covers the Services sector, focusing on stocks such as Marriott International, Norwegian Cruise Line, and Extended Stay America.

Wynn Resorts has an analyst consensus of Moderate Buy, with a price target consensus of $140.78.

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The company has a one-year high of $202.48 and a one-year low of $90.06. Currently, Wynn Resorts has an average volume of 2.47M.

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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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