Red Rock Resorts (RRR) Misses Q3 EPS by 4c, Revenues Beat

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Go back to Red Rock Resorts (RRR) Misses Q3 EPS by 4c, Revenues Beat

Red Rock Resorts (RRR) PT Lowered to $32 at Nomura/Instinet

November 8, 2018 8:29 AM EST

Nomura/Instinet analyst Harry Curtis lowered the price target on Red Rock Resorts (NASDAQ: RRR) to $32.00 (from $43.00) while maintaining a Buy rating following the company's 3Q. RRR reported EBITDA that was ~9% below consensus.

2019 EBITDA estimates increased slightly on higher RevPAR assumptions for the renovated... More