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Jefferies Lowers Wynn Resorts Price Target to $150
Jefferies Financial Group has reduced its price target for Wynn Resorts (NASDAQ:WYNN) from $161 to $150 but maintained a ‘buy’ rating, citing ongoing challenges for the casino operator. Despite the reduction, the new target still implies a substantial upside of 47.10% from the current trading price. Investors are advised to monitor the upcoming earnings report for Wynn Resorts.