Credit Suisse analyst J. Simkins lowers estimates and his price target on Neutral-rated Wynn Resorts (NASDAQ: WYNN) to $150.00 (from $178.00) following Q4 results and Wynn Palace delay.

"WYNN continues to make headway on its Cotai project; however, mgmt. noted that the project may be delayed from in original target of Chinese New Year 2016," Simkins commented.

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 $155.80 yesterday.