Macau casino stocks traded higher after Macau officials signaled that COVID 19 travel restrictions will be lifted. Macau's chief executive, Ho Iat Seng, said China would resume an e-visa scheme for mainland travelers and permit group tours, per Reuters.
Citigroup boosted Wynn Resorts Limited's price target from $87.5 to $91. George Choi, a Citigroup analyst, maintained a Buy rating on the stock. Wynn's shares rose 5.4% to $62.85 in pre-market trading.