Morgan Stanley Maintains Overweight on Red Rock Resorts, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephanie Grambling has maintained an Overweight rating on Red Rock Resorts (NASDAQ:RRR) but lowered the price target from $50 to $49.
November 08, 2023 | 9:31 pm
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Morgan Stanley has maintained an Overweight rating on Red Rock Resorts but lowered the price target from $50 to $49.
The news is directly about Red Rock Resorts (RRR). Morgan Stanley's decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target may create some uncertainty among investors, potentially impacting the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100