Susquehanna Cuts WYNN PT on Macau Exposure; Wells Fargo Trims Target, Stays Bullish

Wynn Resorts, Limited (NASDAQ:WYNN) is included among the 10 Fastest Growing Dividend Stocks to Buy Now.

On April 16, Joseph Stauff of Susquehanna lowered the firm’s price recommendation on Wynn Resorts, Limited (NASDAQ:WYNN) to $127 from $133. It reiterated a Positive rating on the shares. The firm said its baseline remains most sensitive to Wynn’s Macau operations, which account for roughly 47% of the company’s value, and Las Vegas, which represents about 37% in the near term. It added that a higher revaluation could depend on the opening of the company’s UAE-based casino, originally expected in March 2027.

On April 16, Wells Fargo lowered its price target on Wynn Resorts to $144 from $147 and kept an Overweight rating. The firm said its long-term view on U.S. land-based gaming remains unchanged. In its 2026 outlook, it noted that a stable regional supply environment could help normalize promotional spending. At the same time, it expects land-based gaming to continue losing share to digital gaming, which should offset that benefit. Wells Fargo said it prefers operators with full-platform exposure, competitive advantages, or development pipelines. It also noted that it remains generally in line with the Street on Regional EBITDA/R, supported by solid Q1 gaming trends.

Wynn Resorts, Limited (NASDAQ:WYNN) designs, develops, and operates integrated resorts. These properties include hotel rooms, retail space, dining and entertainment options, meeting and convention facilities, and gaming offerings.

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