HSBC Initiates Coverage On Wynn Resorts with Buy Rating, Announces Price Target of $111
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Meredith Jensen has initiated coverage on Wynn Resorts (NASDAQ:WYNN) with a Buy rating and a price target of $111.
October 23, 2023 | 10:33 am
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POSITIVE IMPACT
HSBC has initiated coverage on Wynn Resorts with a Buy rating and a price target of $111, which could positively impact the stock's performance.
The initiation of coverage by HSBC with a Buy rating indicates a positive outlook for Wynn Resorts. The price target of $111 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100