Wall Street Analysts Think Wynn (WYNN) Could Surge 25.54%: Read This Before Placing a Bet

Core Viewpoint - Wynn Resorts (WYNN) has seen a 2.8% increase in share price over the past four weeks, closing at $89.32, with a mean price target of$112.13 indicating a potential upside of 25.5% [1] Price Targets - The average of 16 short-term price targets ranges from a low of $95 to a high of$132, with a standard deviation of $11.27, suggesting a potential increase of 6.4% to 47.8% from the current price level [2] - A low standard deviation indicates a greater agreement among analysts regarding the price targets, which can be a useful starting point for further research [7] Analyst Sentiment - Analysts show strong agreement in revising earnings per share (EPS) estimates higher, which correlates with potential stock price increases [9] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 8%, with six estimates moving higher and one lower [10] Zacks Rank - WYNN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating a strong potential upside [11] Conclusion on Price Targets - While consensus price targets may not be reliable for predicting exact stock gains, they can provide a directional guide for price movement [12]