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Wynn Resorts Price Target Hiked at UBS

By Market News Video Staff, Tuesday, November 30, 1:10 PM ET

UBS (NYSE:UBS) hiked its price target on Wynn Resorts (NASDAQ:WYNN) today, to $133.

UBS maintained its buy rating on Wynn, noting that the company continues to benefit from strong growth in Macau.

Wynn Resorts shares are trading down 0.1% Tuesday.

At 7.71% of the fund, Wynn is the second-largest holding in the Gaming ETF (AMEX:BJK).

Las Vegas Sands (NYSE:LVS) is the top holding, at 14.88%. The only other U.S. listed stock in the top ten holdings International Game Technology (NYSE:IGT), 4.37% of the fund. MGM Mirage (MGM) is the fifteenth largest holding, at 2.41% of the fund.

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