Stock is already on fire, but analyst sees room for more upside Case can be made Wynn is still a value stock Shares of Wynn Resorts (NASDAQ: WYNN) are higher by nearly 48% year-to-date with essentially all of that gain accrued over the past 90 days and while the stock is flirting with 52-week highs, there could be more upside on the way. Wynn Las Vegas. An analyst says a variety of catalysts could boost the already hot stock. (Image: Wikipedia) That’s the take of Stifel analyst Steven Wieczynski who reiterated a “buy” rating on the stock while revising his price target to $145, implying 20% upside from current levels. Buoyed by Macau’s resurgence and increasing clarity around its United Arab Emirates (UAE) project, Wynn stock has doubled off its post-Liberation Day lows, but that doesn’t mean near-term upside is limited. We believe there are multiple catalysts on the horizon that should allow shares to further appreciate over the next…Â Read More
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Source: Casino.org
