JMP Securities Maintains Market Outperform on Red Rock Resorts, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jordan Bender has maintained a Market Outperform rating on Red Rock Resorts (NASDAQ:RRR) and increased the price target from $61 to $66.
April 19, 2024 | 11:05 am
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JMP Securities has maintained a Market Outperform rating on Red Rock Resorts and raised the price target from $61 to $66.
The increase in price target by JMP Securities reflects a positive outlook on Red Rock Resorts, likely due to strong performance or favorable market conditions. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100