Wynn Resorts, Limited (WYNN) Shares Down 7.4% After Analyst Downgrade

Wynn Resorts, Limited shares traded down 7.4% during mid-day trading on Wednesday after Nomura lowered their price target on the stock from $73.00 to $64.00, MarketBeat.Com reports. The stock traded as low as $52.52 and last traded at $54.76, with a volume of 3,459,278 shares.