From recent Wynn Resorts Ltd (NASDAQ: WYNN) reports, the company appears to be experiencing a mixed bag of performance outcomes. Despite some underperformance, compared to competitors on certain days, the company's stock has excelled on others. Additionally, the company has reported record EBITDAR as Q4 revenue soared. Its Q1 2024 results were better than expected, bolstered largely by strong revenues from Macau. New investors continue to acquire stakes in the company, increasing its stock position. Its update on Wynn Al Marjan Island stirred positive emotions, particularly as the company experienced another excellent quarter. Furthermore, the appeals court overturned charges against Steve Wynn, adding a favourable note to the company's public perception. There was, however, a decline in shares held by the Retirement Systems of Alabama and Wellington Management Group LLP. The company's updated price target is $126.00, according to Wells Fargo & Company and the consensus rating is 'Moderate Buy' from analysts.
Wynn Resorts Ltd WYNN News Analytics from Wed, 08 Nov 2023 22:34:44 GMT to Sun, 07 Jul 2024 11:53:25 GMT -
Rating 5
- Innovation 2
- Information 7
- Rumor -3
