Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! |
Gaming News
Analyst Downgrades Wynn Resorts Stock3 November 2003NEW YORK -- A securities company that follows the gaming industry has lowered its rating on Wynn Resorts Ltd. stock and has increased a 12-month target price for the issue. "Banc of America Securities analysts J. Cogan and David Vas issued a report Thursday lowering the rating of Wynn stock from `buy' to `neutral' and placed a target price on the issue of $23. "…In their report, Cogan and Vas said the long-term outlook for the stock is favorable, but that because Wynn's resort in Macau may take longer to open than originally expected, they moved to the `neutral' rating…"
Analyst Downgrades Wynn Resorts Stock
is republished from Online.CasinoCity.com.
|