UPDATE: Brean Capital Initiates Coverage On Wynn Resorts Despite Near-Term Challenges

<!– (S) –> In a report published Thursday, Brean Capital analyst Bryan Maher initiated analysis on Wynn Resorts, Limited (NASDAQ: WYNN) with a Buy rating and $174.00 price target. In the report, Brean Capital noted, “Wynn Resorts primarily targets high-end clientele at its integrated casino resorts in Las Vegas and in Macau (SAR of China), via its 72.3% ownership position in Wynn Macau. Unfortunately, due to China Premier Xi Jinping’s … Read the rest