Wells Fargo Cuts Wynn Resorts Price Target to $125 From $131
Wells Fargo lowered its Wynn Resorts price target to $125 from $131 and kept its Overweight rating. Dow Jones Newswires reported the change, citing Benzinga.
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what happened
Wells Fargo analysts reduced their price target on Wynn Resorts shares to $125 from $131. The firm kept its Overweight rating, meaning it still views the stock favorably relative to the market.
Dow Jones Newswires reported the revision, citing ratings data from Benzinga. The item was published at 15:04 GMT on October 19, 2026.
why it matters
A lower target with an unchanged rating usually signals a modest adjustment in expectations rather than a change in view on the company. For the wider market this is a routine event with limited impact on the casino and resort sector.
market impact
Wynn Resorts: adjusted target with unchanged rating, limited effect on the stock
tags
instruments
sources
- Wynn Resorts Price Target Cut to $125.00/Share From $131.00 by Wells Fargo — Dow Jones Newswires, 19 October 2026 at 15:04 UTC
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