Mizuho Maintains Buy on Red Rock Resorts, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Ben Chaiken has maintained a Buy rating on Red Rock Resorts (NASDAQ:RRR) but lowered the price target from $69 to $66.

May 08, 2024 | 12:03 pm
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NEUTRAL IMPACT
Mizuho maintains a Buy rating on Red Rock Resorts but lowers the price target from $69 to $66.
While the reduction in price target could suggest a slightly less optimistic outlook on the stock's value, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the sustained positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100