Vetr Top Raters Upgrade Wynn To Strong Buy


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The Vetr community upgraded their rating on Wynn Resorts, Limited (NASDAQ: WYNN) from 3.5 stars to 4.5 stars on Friday.

The upgrade comes on the heels of data released form the Macao Gaming Inspection and Coordination Bureau, which reported an 8.5 percent drop in gaming revenue year-over-year in June. But that number actually beat the analyst consensus of a 9.5 percent drop.

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As of this writing, the Vegas casino looks to have opened Friday at the lows, jumping almost $3 to $93.95 in the first three hours of trading.

Analysts have a price target of $96.36, while the Vetr crowd's price target is $101.61.

See how Vetr's crowdsourced ratings can help you beat the market.

Currently, less than 2 percent of Vetr users are holding Wynn on their watchlists, and 66 percent of the crowd's ratings are bullish.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: CrowdsourcingAnalyst RatingsTrading IdeasGeneralMacao Gaming Inspection and Coordination BureauVetr