UBS Resumes Wynn (WYNN) at Neutral, Raises Target to $66
More News related to WYNN
- Notable Analyst Rating Changes 11/13: GT, QCOM, JNPR, ATK, CRM Upgraded; SUN, V, AAP, PWRD Downgraded
- Deutsche Bank Starts Coverage on US Gaming: LVS, WYNN at Buy, MGM at Hold
- Deutsche Bank Initiates Coverage on Wynn Resorts (WYNN) with a Buy; Return of Capital Story
- Deutsche Bank Starts LVS and WYNN at Buy; MGM at Hold
- Trading Overview for Boyd Gaming Corporation Issued by BeaconEquity.com
More News related to Analyst Comments
- Moody's Downgrades Sprint Nextel's (S) Corporate Family Rating; Outlook Negative
- Bove Says BofA (BAC) Shareholders Want Lewis Back in CEO Spot
- Oprah To End Show In 2011
- Pali Says MetroPCS (PCS) Should Offer Leap Wireless (LEAP) 3 Shares, Recommends Pair Trade
- Piper Jaffray Reiterates an 'Overweight' on American Superconductor (AMSC); Multi-Pronged Growth Strategy on Track
After suspending coverage of the stock on August 14, UBS today resumed coverage of Wynn Resorts (Nasdaq: WYNN) with a Neutral rating. The firm also raised its price target from $54 to $66.
Shares of Wynn are trading around $62.90 today, down about a 1% from yesterday's closing price. UBS's new price target represents potential upside of about 5%.
The resumed coverage and boosted price target follows yesterday's news that Wynn will pay a $4/share special dividend, and also pay a regular quarterly dividend of $0.20/share.
To see all the analyst action following this news, visit our Analyst Ratings page.
Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts.
Related Categories
Analyst CommentsTrader Talk
Stocks Mentioned
-0.26Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
