Bank of America Securities Sticks to Their Buy Rating for Wynn Resorts (WYNN)
In a report released today, Shaun Kelley from Bank of America Securities reiterated a Buy rating on Wynn Resorts, with a price target of $150.00.
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According to TipRanks, Kelley is a 3-star analyst with an average return of 2.9% and a 51.88% success rate. Kelley covers the Consumer Cyclical sector, focusing on stocks such as Vail Resorts, MGM Resorts, and Boyd Gaming.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Wynn Resorts with a $146.50 average price target.
Based on Wynn Resorts’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.83 billion and a net profit of $88.34 million. In comparison, last year the company earned a revenue of $1.69 billion and had a GAAP net loss of $32.05 million
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