http://www.americanbankingnews.com/getthestreet reiterated their buy rating on shares of Wynn Resorts, Limited (NASDAQ: WYNN) in a research report sent to investors on Monday morning.
“Wynn Resorts (WYNN) has been reiterated by TheStreet Ratings as a buy with a ratings score of B- . The company’s strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.”
,” the firm’s analyst wrote.
A number of other firms have also recently commented on WYNN. Analysts at Zacks reiterated a neutral rating on shares of Wynn Resorts, Limited in a research note to investors on Wednesday, February 6th. They now have a $132.00 price target on the stock. Separately, analysts at ISI Group upgraded shares of Wynn Resorts, Limited from a neutral rating to a buy rating in a research note to investors on Monday, February 4th. They now have a $145.00 price target on the stock, up previously from $130.00. Finally, analysts at Barclays Capital raised their price target on shares of Wynn Resorts, Limited from $135.00 to $139.00 in a research note to investors on Friday, February 1st. They now have an overweight rating on the stock.
Wynn Resorts, Limited traded up 0.53% on Monday, hitting $116.62. Wynn Resorts, Limited has a 1-year low of $90.11 and a 1-year high of $138.28. The stock’s 50-day moving average is currently $121.5. The company has a market cap of $11.671 billion and a price-to-earnings ratio of 24.07.
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