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Sunday, 05/23/2021 8:12:48 PM

Sunday, May 23, 2021 8:12:48 PM

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Morgan Stanley Increases Wynn Resorts (WYNN) Price Target to $145.00
By: MarketBeat | May 17, 2021

Wynn Resorts (NASDAQ:WYNN) had its target price increased by investment analysts at Morgan Stanley from $140.00 to $145.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm presently has an "overweight" rating on the casino operator's stock. Morgan Stanley's target price points to a potential upside of 14.47% from the stock's previous close.

Several other research firms have also recently weighed in on WYNN. Deutsche Bank Aktiengesellschaft increased their price target on shares of Wynn Resorts from $120.00 to $125.00 and gave the company a "buy" rating in a report on Monday, February 8th. Zacks Investment Research raised shares of Wynn Resorts from a "sell" rating to a "hold" rating and set a $114.00 price target on the stock in a report on Friday, February 5th. Citigroup raised shares of Wynn Resorts from a "sell" rating to a "neutral" rating in a report on Tuesday, May 11th. Credit Suisse Group increased their price target on shares of Wynn Resorts from $80.00 to $99.00 and gave the company a "neutral" rating in a report on Monday, February 8th. Finally, JPMorgan Chase & Co. increased their price target on shares of Wynn Resorts from $119.00 to $143.00 and gave the company an "overweight" rating in a report on Monday, March 15th. One analyst has rated the stock with a sell rating, ten have given a hold rating and seven have assigned a buy rating to the stock. Wynn Resorts presently has an average rating of "Hold" and a consensus target price of $113.19.

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