Morgan Stanley Maintains Equal-Weight on Wynn Resorts, Lowers Price Target to $97
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Equal-Weight rating on Wynn Resorts (NASDAQ:WYNN) but lowers the price target from $107 to $97.
September 04, 2024 | 12:25 pm
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Morgan Stanley has maintained its Equal-Weight rating on Wynn Resorts but has lowered the price target from $107 to $97, indicating a more cautious outlook.
The lowering of the price target by Morgan Stanley suggests a less optimistic view on Wynn Resorts' future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100