Deutsche Bank analyst Carlo Santarelli raised the firm’s price target on Red Rock Resorts to $62 from $54 and keeps a Buy rating on the shares. The analyst believes trends at Durango have remained firm and have been supported by continued Las Vegas locals market strength. Accordingly, the firm raised estimates for Red Rock.
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Read More on RRR:
- Red Rock Resorts price target raised to $55 from $52 at JMP Securities
- Red Rock Resorts initiated with an Overweight at Barclays
- Red Rock Resorts upgraded to Outperform from Neutral at Macquarie
- Red Rock Resorts Announces Fourth Quarter and Full Year 2023 Conference Call and Earnings Release Date
- Red Rock Resorts downgraded to Equal Weight from Overweight at Morgan Stanley
