JPMorgan: Wynn Stock Hamstrung by Macau, UAE Concerns
Wynn Resorts (WYNN) stock has fallen 29.23% year-to-date due to weak demand in Macau and concerns over its UAE project. JPMorgan analyst Daniel Politzer notes short-lived post-World Cup demand rebound in Macau and ongoing war-related risks for Wynn Al Marjan Island. Wynn's EV/EBITDA is 9.7x, slightly below its 3-year average of 9.8x.






