NasdaqGS:WYNNHospitality
Wynn Resorts (WYNN): Assessing Valuation After UAE Expansion Plans and UBS Outlook Upgrade
If you have been watching Wynn Resorts (WYNN) lately, it is hard to ignore the growing buzz after some headline-making moves. The company just announced plans for a second luxury resort in Ras Al Khaimah, adding to its original flagship on Al Marjan Island. The company also secured exclusive rights to operate any casino at the new site. Investors are now paying close attention, especially after UBS upgraded its outlook on Wynn, underscoring rising confidence in the company’s future outside...