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Strong Buy Stocks from Top Wall Street Analysts
Latest stocks with a Strong Buy rating from the top performing 25% of analysts tracked by WallStreetZen

Analyst / FirmCompanyPriceRatingPrice TargetUpside/DownsideDate
David Katz
Jefferies
Top 19%
82
Wynn Resorts LtdWYNN
$66.80Strong BuyN/AN/A
2 days ago
Analyst Ranking
Top 19%
#760 out of 4037 analysts
Average Return
+3.16%
Win Rate
45%24 out of 53
Risk vs Reward
Poor
Good

Analyst Color

Katz raised his price target on Wynn Resorts, Limited by 17.3% (from $62 to $75).

The Macau government's announcement that it plans to welcome back tour groups from mainland China in November is "the moment we've been waiting for," the analyst said, adding that China's decision to resume issuing e-visas so people can visit individually is equally good news.*

Katz pointed out that "several questions remain" and his current estimates already reflect a meaningful recovery.

Nevertheless, the announcement "should result in a notable, immediate rerating in the shares" of both Wynn and Las Vegas Sands, the analyst concluded.

From here: "Beijing is tightening control over the traveling of frequent gamblers, which the e-visa change won’t help. Packaged tour visitors are generally lower-spending players."

Philippe Houchois
Jefferies
Top 19%
82
Tesla IncTSLA
$800.00Strong Buy$850.00+6.25%
2 days ago

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