Vetr Top Raters Upgrade Wynn To 3.5-Star Stock

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Wynn Resorts, Limited WYNN has had a very strong 2016, having posted gains of more than 38.5 percent year-to-date. In fact, over the past three months, the stock has surged more than 70 percent. However, the crowd seems to believe there is plenty of upside still left.

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

On Thursday, top raters at the Vetr community decided to upgrade their rating on shares of Wynn Resorts from 3.0 Stars to 3.5 Stars -- out of a possible 5.0 Stars rating.

The new rating reflects the crowd’s average price target of $103.68, which implies a 9.3 percent upside potential from current valuations.

On the other hand, investors should notice that 60 percent of the crowd's ratings are bearish.

 

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

Posted In: CrowdsourcingGeneralVetr
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