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Wynn, Macau Might Be Finding Support; Telsey Advisory Upgrades Stock

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Wynn Resorts, Limited NASDAQ:WYNN - Wynn, Macau Might Be Finding Support; Telsey Advisory Upgrades Stock
  • David Katz of Telsey Advisory Group has upgraded the rating on the company from Underperform to Market Perform, while raising the price target from $54 to $68.
  • Although the stock remains fairly volatile, due to the limited visibility into Wynn Resorts’ operating environment, Katz believes that the Chinese government’s...

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