Nomura Securities Maintains a 'Buy' on Wynn Resorts (WYNN); Two Positive Decisions

Nomura Securities maintains a 'Buy' on Wynn Resorts (NASDAQ: WYNN) price target of $139.00.

Analyst, Harry C. Curtis, said, "Last week, there were two decisions that were marginal positives for WYNN, yet the stock declined ~ 5% for the week. We believe that a settlement with Okada, as well as a green light to begin construction on Cotai (from a more official source than a clerk from WYNN’s lawyers) would increase our $139 price target by ~$10-$15/share."

For an analyst ratings summary and ratings history on Wynn Resorts click here. For more ratings news on Wynn Resorts click here.

Shares of Wynn Resorts closed at $120.79 yesterday.

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