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Our Las Vegas property EBITDA forecast is ~4% below consensus for the 3Q17, as we’ve modeled conservatively in the event that disruptions related to renovation work at the property impacted volumes and / or margins.
We note that our forecasts do not include WYNN’s .5 million in contributions to aid disaster recovery efforts in Houston (.75 million) or Macau (.75 million) ..." The unsponsored U.
The analysts write:"We are raising our price target and modestly raising our 3Q17 estimates for WYNN given our belief of better than expected results at Wynn Palace, despite the impact of Typhoon Hato, for which we have modestly lowered our Wynn Peninsula 3Q17 forecast. operators and their corresponding websites as of January 31, 2018 are the official licensees of First Cagayan Leisure & Resort Corporation. Any operator/website claiming to be licensees of First Cagayan that is not on this list is not licensed by FCLRC . Guests can ride sky cabs over an eight-acre performance lake and fountain show, and CEO Steve Wynn has called the location "the prettiest hotel in the world." Analysts Carlo Santarelli and Danny Valoy raised their price target to 1 from 0, even though they expected diminished travel to Las Vegas following the deadly hotel shooting tragedy there.Shares are up nearly 70% this year to a recent 6.57.
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