Wynn Resorts ‘Worth Risk’ of Macau Restrictions, Says Morgan Stanley


Source: whatsnew2day.com whatsnew2day.com

Key Topics in this News Article:

News Snapshot:

Wynn Resorts ‘Worth Risk’ of Macau Restrictions, Says Morgan Stanley Bank & Insurance By Jacky On Sep 20, 2021 Share Wynn Resorts shares fell in a slump broad market after a Morgan Stanley analyst lowered its price target for the casino operator from $138 to $113 amid regulatory concerns in Macau. Shares of the Las Vegas company fell nearly 3.3% to $80.45 at the last audit. Dow futures plunge as China Evergrande, growth worries rattle global equities Morgan Stanley analyst Thomas Allen, who confirmed his overweight rating on the stock, said in a research note that “with the proliferation of...