Bank of America Corp DE Takes $74.50 Million Position in Wynn Resorts, Limited $WYNN

Bank of America Corp DE has acquired a new position in Wynn Resorts, Limited, purchasing 767,374 shares valued at approximately $74.5 million, representing about 0.75% of the casino operator. This move comes as Wynn Resorts reported strong quarterly results, beating analyst estimates with $1.24 EPS and $1.86 billion in revenue. Despite shares trading near their 52-week low, analysts maintain a "Moderate Buy" rating with an average price target of $133.35, and the company offers a quarterly divid