This week, which stocks lagged or dragged? Weekly Winners column keeps up with market trends, helping Tigers sort out the week's hottest sectors, stock winners and important news.
Below are top 10 S&P 500 stock gainers for the week ended Aug. 29:
Wynn Resorts gains after UBS points to upside from the Al Marjan project
UBS boosted its rating on Wynn Resorts (NASDAQ:WYNN) to Buy from Hold after taking a more constructive view on the upside potential from the casino company's Al Marjan resort.
The Al Marjan resort project in Ras Al Khaimah, United Arab Emirates, is a $3.9 billion luxury integrated resort featuring 1,542 rooms, 22 private villas, a casino, 22 restaurants, a marina, extensive retail, and convention facilities, set on white sand beaches with a planned opening in 2027.
Deckers Outdoor Corporation (NYSE:DECK) Receives $137.50 Consensus PT from Analysts
Shares of Deckers Outdoor Corporation (NYSE:DECK) have been assigned an average rating of "Hold" from the twenty-four analysts that are currently covering the company, MarketBeat reports.
One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company.
The average twelve-month price target among brokerages that have covered the stock in the last year is $137.50.
Autodesk Raises Annual Forecasts on Growing Software Demand, Shares Jump
Autodesk raised its annual revenue and profit forecasts on Thursday, betting on growing demand for its design and engineering software, sending its shares surging 8% this week.
Demand for the company's products is steadily increasing across construction, infrastructure and manufacturing industries, driven by growing subscription renewals and expanding enterprise agreements with large customers.