2024-06-11 18:00:51 ET
Summary
- Wynn Resorts, Limited is aiming for higher production per gaming unit, following Steve Wynn's playbook.
- We forecast a potential upside for Wynn to reach a $150 stock price by 2025 based on historical trading patterns and market recovery.
- Strong revenue recovery is expected for Wynn in 2023, driven by Macau and Las Vegas growth, with potential for market outperformance and debt reduction strategy.
Above: Wynn Resorts, Limited (WYNN) aims higher, produces more gaming units, a strategy out of the Steve Wynn playbook. ...
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For further details see:
Wynn Resorts: Pre-Covid Highs May Hold More Clues Than Forward Revenue/Earnings