BUZZ-Argus lowers Wynn's PT on weak US markets

Reuters

Yesterday

BUZZ-Argus lowers <a href="https://laohu8.com/S/01128">Wynn</a>'s PT on weak US markets

** Argus lowers casino operator Wynn Resorts WYNN.O price target, citing weakness in U.S. markets

** PT at $135 from $150 earlier; maintains "buy" rating

** New price target represents 18% upside on stock's last close

** Brokerage says WYNN competes against the much larger Las Vegas Sands in both Macau and Las Vegas, which could lead to lower margins and loss of market share

** On Feb 12, co missed its Q4 adjusted profit estimates on weaker performance in its Las Vegas business and other regional properties

** However, brokerage says it expects WYNN's new casino/resort in the UAE, the first of its kind there, to be highly profitable

** As of last close, shares down about 4.9% YTD

(Reporting by Parth Chandna)

((Parth.Chandna@thomsonreuters.com;))

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maintains \"buy\" rating</p><p>** New price target represents 18% upside on stock's last close</p><p>** Brokerage says WYNN competes against the much larger Las Vegas Sands in both Macau and Las Vegas, which could lead to lower margins and loss of market share</p><p>** On Feb 12, co <span>missed</span> its Q4 adjusted profit estimates on weaker performance in its Las Vegas business and other regional properties</p><p>** However, brokerage says it expects WYNN's new casino/resort in the UAE, the first of its kind there, to be highly profitable</p><p>** As of last close, shares down about 4.9% YTD</p><p> (Reporting by Parth Chandna)</p><p> ((Parth.Chandna@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260218:nL4N3ZE0ZH:1","article_id":"2612157449","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612157449","pubTimestamp":1771423328,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Argus lowers Wynn's PT on weak US markets** Argus lowers casino operator Wynn Resorts WYNN.O price target, citing weakness in U.S. markets** PT at $135 from $150 earlier; 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maintains \"buy\" rating** New price target represents 18% upside on stock's last close** Brokerage says WYNN competes against the much larger Las Vegas Sands in both Macau and Las Vegas, which could lead to lower margins and loss of market share** On Feb 12, co missed its Q4 adjusted profit estimates on weaker performance in its Las Vegas business and other regional properties** However, brokerage says it expects WYNN's new casino/resort in the UAE, the first of its kind there, to be highly profitable** As of last close, shares down about 4.9% YTD (Reporting by Parth Chandna) ((Parth.Chandna@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}