Morgan Stanley expects that over 80% of the stock price of WYNN MACAU will rise in the next 60 days
Morgan Stanley published a research report indicating that it believes there is over an 80% probability that the stock price of WYNN MACAU (01128.HK) will rise within the next 60 days.
Morgan Stanley stated that although WYNN MACAU's performance in the second quarter was weak, it expects the company's performance in the third quarter to improve. Additionally, with dividends higher than peers and lower valuations, it is anticipated that the company will catch up. The firm expects the company to pay a dividend of HKD 0.185 in the first half of the year, which not only exceeds market expectations but also implies a dividend yield of 6%
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