Morgan Stanley Maintains Overweight on Wynn Resorts, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Overweight rating on Wynn Resorts and raises the price target from $112 to $115.
October 22, 2024 | 5:34 pm
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POSITIVE IMPACT
Morgan Stanley has reaffirmed its Overweight rating on Wynn Resorts and increased the price target from $112 to $115, indicating a positive outlook.
The reaffirmation of an Overweight rating and an increased price target by a major financial institution like Morgan Stanley suggests confidence in Wynn Resorts' future performance, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100