Jefferies assumed coverage of Wynn Macau (WYNMF) with a Buy rating and HK$8.50 price target The firm, which expects normalized GGR growth in 2025/26, broadly in line with China’s nominal GDP growth, contends that mass players, especially premium mass, will be “the key driver.” While assuming coverage of five stocks in the space, the analyst identified Sands China as the top pick.
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Read More on WYNMF:
- Wynn Macau downgraded to Hold from Buy at HSBC
- Wynn Macau Updates on Parent’s Financial Results
- Wynn Macau’s Parent Company Reports Q3 2024 Financials
- Wynn Macau Aligns Staff Interests with Share Awards
- Wynn Macau Extends Loan Maturity to 2028
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
