JMP Securities Maintains Market Outperform on Red Rock Resorts, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jordan Bender has reaffirmed a Market Outperform rating on Red Rock Resorts (NASDAQ:RRR) and increased the price target from $52 to $55.
January 18, 2024 | 4:33 pm
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JMP Securities analyst Jordan Bender has maintained a Market Outperform rating on Red Rock Resorts and raised the price target from $52 to $55, indicating a positive outlook on the stock.
The increase in price target by JMP Securities suggests a bullish stance on Red Rock Resorts, which could lead to a positive short term impact on the stock price as market participants react to the analyst's upgraded valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100