Wells Fargo Maintains Overweight on Wynn Resorts, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer has maintained an Overweight rating on Wynn Resorts and raised the price target from $115 to $125.
October 17, 2024 | 5:38 pm
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POSITIVE IMPACT
Wells Fargo has increased its price target for Wynn Resorts from $115 to $125, maintaining an Overweight rating. This suggests confidence in Wynn's future performance.
The increase in price target from $115 to $125 by Wells Fargo indicates a positive outlook on Wynn Resorts' future performance. The Overweight rating suggests that the analyst expects the stock to outperform its peers. This is likely to have a positive impact on the stock price in the short term as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100