Truist Securities Maintains Hold on Red Rock Resorts, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Barry Jonas has maintained a 'Hold' rating on Red Rock Resorts (NASDAQ:RRR) and lowered the price target from $50 to $46.
October 18, 2023 | 4:41 pm
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Red Rock Resorts' price target has been lowered from $50 to $46 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target by Truist Securities could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term. The 'Hold' rating suggests that the analyst does not see significant upside potential in the near future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100