Wynn Rises 2.87% on $280M Volume Despite 350th Trading Rank as Analysts Hike Targets to $147
On August 28, 2025, Wynn ResortsWYNN-- (WYNN) rose 2.87% with a trading volume of $0.28 billion, a 46.64% decline from the previous day. The stock ranked 350th in trading activity for the day.
Analysts highlighted Wynn’s record Q2 EBITDAR driven by strong Las Vegas casino revenue growth, with Macquarie upgrading its price target to $124 and reaffirming an “Outperform” rating. The firm cited the company’s premium brand positioning, underdeveloped properties, and UAE expansion plans, with construction expected to conclude by 2027. Management noted sustained demand in group/convention business, projecting momentum into 2026.
UBS also raised its price target to $147 from $101, upgrading WYNNWYNN-- to “buy.” The firm emphasized Macau’s recovery and growth potential in the UAE, where Wynn holds the sole commercial gaming license. The stock’s recent surge follows five consecutive days of gains, supported by a bullish 40-day moving average and a 45% year-to-date rally despite rising short interest.
Query limit exceeded.
Comentarios
Aún no hay comentarios