Notable data from Wynn Resorts, Limited (WYNN) indicates a noteworthy reduction in short interest by 20.9%. Analysts from financial services firm Stifel have raised the target stock price to $145 from a previous estimate of $130, suggestive of impending profitable trends. Wynn has caught the attention of other sizable entities; Hedges Asset Management LLC boasts $2.09 million worth of stock while Strs Ohio has inaugurated a new venture with the multinational resort chain. On a larger scale, the company has expanded globally and experienced a 2.8% gain as a result of promising trends in Macau. Also, Wynn began its foray into the realm of UAE growth, creating potential for significant upside advantages. However, Wynn withdrew its bid for a New York City casino license. Swiss financial services firm, UBS, enhanced Wynn's stock rating due to promising growth in Macau and projected success in UAE. News of a $5.5 million fine for attempted unlawful high roller recruitment may impact market sentiments. Despite this, Argus, a leading provider of insightful data and analytics, argues that Wynn Resorts remains a value stock option.
Wynn Resorts Ltd WYNN News Analytics from Thu, 13 Feb 2025 08:00:00 GMT to Sun, 21 Sep 2025 00:06:29 GMT - Rating 7 - Innovation 3 - Information 8 - Rumor -1
