Morgan Stanley Maintains Overweight on Red Rock Resorts, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Overweight rating on Red Rock Resorts (NASDAQ:RRR) and raises the price target from $54 to $55.
July 14, 2023 | 3:11 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Red Rock Resorts and raises the price target from $54 to $55, indicating a positive outlook for the company.
The raised price target by Morgan Stanley indicates a positive outlook for Red Rock Resorts. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100