J.P. Morgan analysts raise Wynn price target to $136 ahead of Q3 results
J.P. Morgan analysts raised their price target for Wynn Resorts by $13 to $136 per share ahead of third-quarter earnings, according to the report. They also lifted targets for Las Vegas Sands, Boyd Gaming and Rush Street Interactive, while reducing targets for Caesars Entertainment, Churchill Downs and MGM Resorts International. The analysts forecast third-quarter sports betting handle growth of up to 17% and igaming handle growth of 12.5%.
The analyst forecasts and target changes provide investors with expectations ahead of the companies’ quarterly results.