Wynn Resorts  (WYNN) - Get Report shares were up more than 1% in premarket trading Tuesday after analysts at Aegis upgraded the company's stock to "buy" while also raising its price target to $121 from $95.

"While valuation is demanding, we believe the potential for upward consensus EBITDA revisions outweigh current valuation, in our view," analyst David Bain wrote. 

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