Wynn Resorts, Limited (NASDAQ:WYNN) Given Consensus Rating of "Moderate Buy" by Brokerages

Seventeen brokerages have issued a consensus rating of “Moderate Buy” for Wynn Resorts (NASDAQ:WYNN), with a mean one-year target price of $137.93. The company recently reported earnings per share of $1.17, missing analyst expectations, while revenue of $1.87 billion slightly exceeded estimates. Institutional ownership of WYNN is high at 88.64%, with several hedge funds and institutions recently increasing their stakes.

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