trendingblockchaingames| Wynn Macau rose more than 4% in early trading and JPMorgan gave it an "overweight" rating

Wynn Macau (01128) rose 4.5 percent in early tradingtrendingblockchaingames.26%, currently reported at HK$8.07, which was once high at HK$8.10 in intraday trading, a record high since July 2023, with a turnover of HK$90.89382 million.

JPMorgan Chase issued a research report that it gave Wynn Macau an "overweight" rating, believing that this mainly benefited from the growing strength.trendingblockchaingamesWith the mid-range and strict cost control, the target price increased by 5% from HK$10.5 to HK$11. The company's business performed strongly in the first quarter of this year and the bank is now fine-tuning its model. The group's 2024-2025 EBITDA forecast was raised by approximately 3% to reflect better-than-expected profit margins.

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