Wynn Resorts Upgraded By Vetr Top Raters, But 66% Still Bearish

Shares of Wynn Resorts, Limited WYNN have had a great year; having returned more than 31 percent since the beginning of 2016, the have widely outperformed major U.S. stock indexes.

Following such a run-up, top raters at the Vetr community have decided to upgrade the stock from 3.0 Stars to 4.0 Stars - out of a possible 5.0 Star rating.

Related link: Here's How Crowdsourced Ratings Can Beat The Market

The crowd has established a consensus price target of $101.35, which implies an upside of roughly 9.2 percent from current stock prices.

However, it should be noted that 66 percent of the crowd’s ratings continue to be bearish.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above