JPMorgan calls Wynn Resorts (WYNN) "seriously undervalued" in a bullish research report on the...

|About: Wynn Resorts, Limited (WYNN)|By:, SA News Editor

JPMorgan calls Wynn Resorts (WYNN) "seriously undervalued" in a bullish research report on the gaming company. The firm crunches the numbers to come up with a sum-of-the-parts price target of $133. The key is the market is considerably discounting the value of the company's Cotai development, according to JP.