Stifel raised the firm’s price target on Red Rock Resorts to $54 from $47 and keeps a Hold rating on the shares. Durango seems to be performing ahead of expectations and Red Rock Resorts believes it will meet or exceed their historical return profile for Greenfield projects, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RRR: