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September 01, 2020 1:39pm
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Wynn Resorts Analyst Day Confirms Upside Scenario

Back in May I outlined a fair value range for gaming operator Wynn Resorts (WYNN) that suggested upside to at least $155 per share, if not 10-20% higher. That thesis was predicated on a 12-13x EV/EBITDA multiple and $2 billion of EBITDA in 2020. Last week the company hosted an analyst day at its recently … Continue reading "Wynn Resorts Analyst Day Confirms Upside Scenario"
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