Near-Term Bullish Options Positioning in Wynn Resorts Ltd (WYNN) Targets Peer Earnings Announcements This Week as Upside Catalysts -Susquehanna

Las Vegas Sands (LVS) PT Raised to $91.50 at Citi Following 1Q

Citi raised its price target on Las Vegas Sands (NYSE: LVS) to $91.50 (from $90.00) while maintaining a Buy rating following the company's 1Q earnings report. LVS reported 1Q18 property EBITDA of US$1,500m, better than estimates of US$1,301m. Adjusted EPS grew 57% YoY to... More

Las Vegas Sands (LVS) PT Raised to $72 at Nomura/Instinet

Nomura/Instinet raised its price target on Las Vegas Sands (NYSE: LVS) to $72.00 (from $69.00) while maintaining a Neutral rating following the company's 1Q. EBITDA of $1.37bn was 6.5% ahead of the Street at $1.28bn. The upside was driven by a 21% surge in mass... More

Wynn Resorts (WYNN) PT Raised to $205 at BofA/Merrill Lynch

BofA/Merrill Lynch raised its price target on Wynn Resorts (NASDAQ: WYNN) to $205.00 (from $190.00) while maintaining a Neutral rating.

Wynn Resorts (WYNN) PT Raised to $210 at Roth Capital

Roth Capital raised its price target on Wynn Resorts (NASDAQ: WYNN) to $210.00 (from $206.00) while maintaining a Buy rating.

Wynn Resorts (WYNN) PT Raised to $199 at Morgan Stanley

Morgan Stanley raised its price target on Wynn Resorts (NASDAQ: WYNN) to $199.00 (from $197.00) while maintaining a Equalweight rating.

Wynn Resorts (WYNN) PT Raised to $233 at Citi Following 1Q

Citi raised its price target on Wynn Resorts (NASDAQ: WYNN) to $233.00 (from $225.00) while maintaining a Buy rating following the company's 1Q earnings report. Adjusted EPS grew to US$2.30 (vs. US$1.40 in 4Q17 and US$1.24 in 1Q17). Management also announced quarterly DPS of US$0.75 for... More

Wynn Resorts (WYNN) PT Raised to $219 at Deutsche Bank on 1Q Report; 'Macau In-Line, Vegas Beats... Thesis Unchanged'

Deutsche Bank raised its price target on Wynn Resorts (NASDAQ: WYNN) to $219.00 (from $218.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Carlo Santarelli notes an upbeat outlook on the shares, as WYNN reported first quarter earnings per share results above... More

Wynn Resorts (WYNN) PT Raised to $215 at Nomura/Instinet

Nomura/Instinet raised its price target on Wynn Resorts (NASDAQ: WYNN) to $215.00 (from $210.00) while maintaining a Buy rating.

Analyst Harry Curtis comments "WYNN's stock fell ~3% in the aftermarket after reporting even stronger results in 1Q18 than its pre-announcement six weeks ago would have... More

Wynn Resorts (WYNN) PT Raised to $209 at Stifel on 1Q Report; 'Property-Level EBITDA Above Consensus... 50% Dividend Increase'

Stifel raised its price target on Wynn Resorts (NASDAQ: WYNN) to $209.00 (from $186.00) while maintaining a Hold rating, following the company's first quarter earnings report.

Analyst Steven Wieczynski notes an upbeat outlook on the shares, as WYNN reported first quarter earnings per share results above... More

Wynn Resorts (WYNN) PT Lowered to $219 at Susquehanna

Susquehanna lowered its price target on Wynn Resorts (NASDAQ: WYNN) to $219.00 (from $222.00) while maintaining a Positive rating.

Wynn Resorts (WYNN) PT Raised to $230 at Jefferies

Jefferies raised its price target on Wynn Resorts (NASDAQ: WYNN) to $230.00 (from $200.00) while maintaining a Buy rating.

Wynn Resorts Ltd (WYNN) Raises Quarterly Dividend 50% to $0.75; 1.6% Yield

Wynn Resorts Ltd (NASDAQ: WYNN) declared a quarterly dividend of $0.75 per share, or $3 annualized. This is a 50% increase from the prior dividend of $0.50.

The dividend will be payable on May 29, 2018, to stockholders of record on May 17, 2018, with an ex-dividend date of May 16,... More

Wynn Resorts Ltd (WYNN) Tops Q1 EPS by 37c

Wynn Resorts Ltd (NASDAQ: WYNN) reported Q1 EPS of $2.30, $0.37 better than the analyst estimate of $1.93. Revenue for the quarter came in at $1.72 billion versus the consensus estimate of $1.74 billion.

Wynn Macau

Operating revenues from Wynn Macau were $618.2 million for the first quarter of 2018, an 11.9% increase from $552.7 million for the same period of 2017. Adjusted Property EBITDA from Wynn Macau was $209.8 million for the first quarter of 2018, a 15.9% increase from... More

Wynn (WYNN) Responds to Recent Elaine Wynn Shareholder Letter

Wynn Resorts, Limited (Nasdaq: WYNN) said in response to Elaine Wynn's shareholder letter, saying:

"The Company is continuing the positive momentum that has accompanied its recent initiatives and is focused on the future. The Board is working in an orderly fashion to refresh... More

Wynn (WYNN) Co-Founder, Largest Shareholder Elaine P. Wynn Urges Shareholders to Withhold Votes from Legacy Director Nominee John J. Hagenbuch

Elaine Wynn, co-founder and the largest shareholder of Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts," "Wynn," the "Company"), today filed preliminary proxy materials with the Securities and Exchange Commission and released a letter addressed to all shareholders urging that they join her in WITHHOLDING votes from Wynn director candidate John J. Hagenbuch, who is up for re-election at Wynn's Annual Meeting scheduled for Wednesday, May 16, 2018, in Las Vegas, Nevada.

A copy of the letter follows:

April 23, 2018

Dear Fellow Wynn Resorts Shareholders,

I am the co-founder and the largest... More