B of A Securities Maintains Buy on Red Rock Resorts, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Shaun Kelley has maintained a Buy rating on Red Rock Resorts (NASDAQ:RRR) and increased the price target from $52 to $57.
April 08, 2024 | 4:38 pm
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B of A Securities has reaffirmed its Buy rating on Red Rock Resorts and raised its price target from $52 to $57.
The upgrade in price target by a reputable analyst firm like B of A Securities typically signals a strong bullish outlook on the stock, suggesting an expectation of outperformance in the short term. This can lead to increased investor confidence and potential upward movement in the stock's price.
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IMPORTANCE 90
RELEVANCE 100