Stifel Maintains Buy on Wynn Resorts, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Steve Wieczynski has maintained a Buy rating on Wynn Resorts (NASDAQ:WYNN) but has reduced the price target from $135 to $125.
November 10, 2023 | 8:38 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Wynn Resorts but lowers the price target from $135 to $125.
While the reduction in price target could suggest a more conservative outlook on Wynn Resorts' future performance, the maintenance of a Buy rating indicates that Stifel still sees positive potential in the stock. The impact is likely neutral in the short term as the positive sentiment of the Buy rating may offset the negative sentiment from the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100