Morgan Stanley: Expects Wynn Macau (01128.HK) to outperform the market in the next 60 days.

According to the Zhichun Finance APP, Morgan Stanley has released a research report indicating that it expects the stock price of Wynn Macau (01128.HK) to outperform the market index in the next 60 days. The report states that Wynn Macau's second-quarter property EBITDA was 6% higher than market expectations, with an annualized corporate EBITDA of $1.042 billion for the first half of the year, which is equivalent to 103% of the market forecast for 2026. The firm considers the seasonal factors in the second half of the year to be positive, suggesting the potential for upward revisions in earnings, and believes that the current valuation of the stock is attractive, maintaining an "overweight" rating with a target price of HKD 6.10. The firm estimates the probability of achieving this stock price scenario at over 80%.