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UBS Downgrades Wynn To Neutral, Cites Valuation
Wednesday, July 20, 2016 - 10:10am | 340Wynn Resorts, Limited (NASDAQ: WYNN) shares have gained 37 percent year-to-date. UBS’s Robin M. Farley downgraded the rating on the company from Buy to Neutral, while maintaining a price target of $98. Following the run-up, Wynn’s shares already reflect Macau’s improving...
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Worried About Macau? Don't Be, It's Finally Time To Buy
Monday, March 7, 2016 - 9:53am | 248UBS’ Robin M. Farley upgraded the rating for Wynn Resorts, Limited (NASDAQ: WYNN) from Neutral to Buy, while raising the price target from $73 to $95. Although gaming stocks with Macau exposure had gained 20 percent year-to-date, their risk reward profile had improved, given stabilization...
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What's Coming For Macau
Thursday, July 9, 2015 - 1:53pm | 463In a report issued Thursday, UBS analysts Robin M. Farley and Arpine Kocharyan took a look at the Macau gaming industry to help investors better understand what to expect from their second quarter. The experts believe VIP revenue the peninsula witnessed a 46 percent year-over-year decline,...
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UPDATE: UBS Raises PT on Polaris Industries Following Strong Response to Indian Brand
Friday, October 4, 2013 - 1:48pm | 178In a report published Friday, UBS Securities analyst Robin M. Farley reiterated a Buy rating on Polaris Industries (NYSE: PII), and raised the price target from $121.00 to $142.00. In the report, UBS Securities noted, “Our channel checks indicate strong response to the Indian brand and dealers...
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UBS Raises MGM Mirage (MGM) Price Target 10%
Friday, February 19, 2010 - 10:41am | 154UBS analyst Robin M. Farley maintained his neutral rating for shares of MGM Mirage (NYSE: MGM) and raised his target price from $10 to $11. Farley noted MGM Mirage's weak Las Vegas results: "GAAP EPS of ($0.98) includes ($0.77) of charges primarily relating to a $548M impairment charge on land...