Wynn Resorts Stock Surges on Goldman Sachs' Bullish Outlook

Wynn Resorts stock price surged earlier this week following Goldman Sachs addition of the luxury hotel and casino operator to its Conviction Buy list. The investment bank praised Wynns strong performance in Las Vegas and notable improvements in Macau, setting a price target of $145 per share. This optimistic outlook, coupled with Macaus gaming revenue growth of 14.4% in November, contributed to Wynns shares reaching multi-year highs, closing up 3.7% at $133.50.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.