Red Rock Resorts Announces Third Quarter 2017 Results

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Red Rock Resorts (RRR) PT Raised to $29 at Stifel; Reiterates Buy

November 8, 2017 8:40 AM EST

Stifel raised its price target on Red Rock Resorts (NASDAQ: RRR) to $29.00 (from $28.00) while maintaining a Buy rating following the company's 3Q earnings report. Consolidated EBITDA totaled $118M (+9% y/y), 4% ahead of consensus. Net revenues were $400M (+15% y/y), 2% ahead of... More