Morgan Stanley Upgrades Wynn Resorts to Overweight, Raises Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has upgraded Wynn Resorts to Overweight and increased its price target from $97 to $104, indicating a positive outlook for the company's stock.
September 27, 2024 | 11:34 am
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Morgan Stanley analyst Stephen Grambling has upgraded Wynn Resorts from Equal-Weight to Overweight and increased the price target from $97 to $104, suggesting a positive short-term outlook for the stock.
The upgrade from Equal-Weight to Overweight by a major financial institution like Morgan Stanley typically signals increased investor confidence and can lead to a rise in stock price. The raised price target further supports this positive sentiment.
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IMPORTANCE 90
RELEVANCE 100