Red Rock Resorts (RRR) PT Raised to $23 at JPMorgan

October 14, 2020 8:53 AM EDT
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Price: $62.15 -1.49%

Rating Summary:
    21 Buy, 8 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 15 | New: 9
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JPMorgan analyst Joseph Greff raised the price target on Red Rock Resorts (NASDAQ: RRR) to $23.00 (from $21.00) while maintaining an Overweight rating.

  • raising 3Q, 4Q, and out-year Las Vegas locals property-level revenue and margin assumptions, given the view of continued relative spending strength in the locals market.


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