JP Morgan Maintains Overweight on Red Rock Resorts, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Joseph Greff has maintained an Overweight rating on Red Rock Resorts (NASDAQ:RRR) and increased the price target from $63 to $69.
April 01, 2024 | 2:00 pm
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POSITIVE IMPACT
JP Morgan analyst Joseph Greff has reaffirmed an Overweight rating on Red Rock Resorts and raised the price target from $63 to $69.
The increase in price target by a reputable analyst like Joseph Greff from JP Morgan is a strong positive signal for investors, indicating a bullish outlook on the stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100