Economy

TheStreet Lowers Wynn Resorts, Limited (WYNN) to C+

Moelis & Co had 23 analyst reports since August 11, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Monday, November 30 by Sandler O'Neill. The stock has "Market Outperform" rating by JMP Securities on Tuesday, July 25. The rating was maintained by JP Morgan with "Overweight" on Thursday, October 8. Robert W. Baird has "Neutral" rating and $15 target. The rating was initiated by Wolfe Research on Wednesday, October 14 with "Outperform". The company was maintained on Thursday, October 29 by UBS. The firm has "Market Perform" rating by Taglich given on Monday, October 5.

Nationwide Fund Advisors increased Wynn Resorts Ltd Common (WYNN) stake by 83.88% reported in 2017Q2 SEC filing. Telsey Advisory Group reissued a "market perform" rating and issued a $157.00 price target (up previously from $150.00) on shares of Wynn Resorts, Limited in a research note on Monday, October 2nd. Yesterday, Wynn Resort announced its best third-quarter results ever in Las Vegas, with the company saying that shopping, shows and other non-gambling sources have helped it boost its revenue.

The project for the new Paradise Park resort was first announced by the 75-year-old billionaire months ago. The original version of this piece of content can be viewed at https://www.truebluetribune.com/2017/10/26/wynn-resorts-limited-wynn-downgraded-by-thestreet.html. It has outperformed by 20.93% the S&P500. Tig Advisors Llc bought 3.03 million shares as the company's stock declined 20.53% while stock markets rallied. A 12 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:HUM) or, if they already own its stock, sell it. Sempra Energy (NYSE:SRE) was reduced too. About shares traded. Wynn Resorts, Limited (NASDAQ:WYNN) has risen 37.63% since October 27, 2016 and is uptrending. Therefore 50% are positive.

Responding to a question about the mass shooting in Las Vegas earlier this month, Wynn said his property has enhanced its security in recent years. The stock of Wynn Resorts, Limited (NASDAQ:WYNN) has "Buy" rating given on Tuesday, March 21 by Aegis Capital. Deutsche Bank downgraded the shares of WYNN in report on Wednesday, April 13 to "Hold" rating. On Friday, February 3 the stock rating was maintained by Goldman Sachs with "Buy". Bank of America Corporation restated a "neutral" rating and issued a $140.00 price objective (up previously from $135.00) on shares of Wynn Resorts, Limited in a report on Friday, July 21st.

The collective rating of 2.5 for Wynn Resorts, Limited (NASDAQ:WYNN) also leans strongly towards the neutral end of the spectrum. Stifel Nicolaus maintained the stock with "Hold" rating in Thursday, November 3 report. The firm earned "Sector Weight" rating on Friday, December 18 by KeyBanc Capital Markets.

Since May 16, 2017, it had 0 insider purchases, and 4 insider sales for $9.31 million activity. Insiders have sold 67,351 shares of company stock worth $9,621,369 in the last quarter. Wynn Resorts, Limited has 103.34 million shares outstanding, and in the last trade has seen ATR around 3.11.

Investors sentiment increased to 1.63 in 2017 Q2. Its up 0.53, from 1.1 in 2017Q1. Following the completion of the sale, the director now directly owns 7,711 shares of the company's stock, valued at $994,719. 87 funds opened positions while 147 raised stakes. Kj Harrison And Partners Inc holds 0.21% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN) for 4,000 shares. Bnp Paribas Arbitrage Sa has invested 0.04% in Wynn Resorts, Limited (NASDAQ:WYNN). LLC increased its holdings in Wynn Resorts, Limited by 2.1% in the second quarter. Cornerstone Incorporated holds 160 shares. Credit Agricole S A, France-based fund reported 28,359 shares. Winch Advisory Serv Ltd Company stated it has 0% in Wynn Resorts, Limited (NASDAQ:WYNN). Commonwealth Equity reported 0.02% in Wynn Resorts, Limited (NASDAQ:WYNN). Livforsakringsbolaget Skandia Omsesidigt invested 0.02% of its portfolio in Wynn Resorts, Limited (NASDAQ:WYNN). David R Rahn & Assoc Inc has invested 1.2% in Wynn Resorts, Limited (NASDAQ:WYNN). Voya Inv Limited Liability Corp invested in 0.02% or 51,938 shares.



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