Is Wynn Resorts Stock Cooling Off After Powerful Run?
Wynn Resorts (WYNN) stock has climbed about 43% this year, helped by gains from its multi-billion dollar casinos in Chinese gaming enclave Macau and rising consumer confidence in the U.S. As a result, shares of Wynn, along with other top casinos such as Las Vegas Sands (LVS) and MGM Resorts International (MGM) have been rocking lately. But Credit Suisse thinks Wynn has ridden high enough for now, and cut its rating to neutral from outperform,
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