Jefferies Comments on Wynn Resorts

Jefferies provided color on Wynn Resorts (NASDAQ: WYNN) in a research report published today. Jefferies has previously given Wynn Resorts a Buy rating.

In the report, Jefferies states, "Wynn Macau has reached an agreement with the Macau Government for its Cotai Land Concession Contract. We see this as positive and a catalyst for both Wynn Macau (1128.HK, HK$23.7, Buy) and Wynn Resort (WYNN.US, US$151.72, Buy)."

Shares of Wynn Resorts were trading at $149.34 at the time of posting, down 1.57% from Monday's market close.