Citigroup Maintains Buy on Wynn Resorts, Raises Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst George Choi has maintained a Buy rating on Wynn Resorts (NASDAQ:WYNN) and increased the price target from $132 to $138, indicating a positive outlook on the company's stock.
May 08, 2024 | 7:29 pm
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Citigroup has reaffirmed its Buy rating on Wynn Resorts and raised its price target to $138, signaling confidence in the company's future performance.
The upgrade in the price target by a reputable analyst like George Choi from Citigroup usually indicates a strong bullish sentiment on the stock, based on their analysis. This can often lead to increased investor confidence and potentially a rise in the stock price in the short term, as market participants may adjust their positions based on the new information.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100