Cramer Ups His Price Target For WYNN And LVS

CNBC’s Mad Money Jim Cramer raised the price target for Wynn Resorts (NASDAQ: Wynn) and Las Vegas Sands (NYSE: LVS) because these companies have avoided any potential trouble related to trade war between US and China. Cramer thinks that these companies have done the things right and got their financing in time so he lifted his price target for them. He raised Wynn Resorts (WYNN) to $80-$90 from previous $70 and Las Vegas Sands (LVS) to $22-$25.

Wynn Resorts (Wynn) is currently trading around $70 and Las Vegas Sands’ (LVS) price is around $19.