UPDATE: Citigroup Upgrades Wynn Resorts on Macau Growth

In a report published Monday, Citi analyst Anil Daswani upgraded the rating in Wynn Resorts (NYSE: WYNN ) from Neutral to Buy, raising price target from $168 to $222. The report noted, “We believe Wynn Resorts, like everyone else in Macau, will continue to enjoy solid EBITDA growth in Macau