Stifel Maintains Hold on Red Rock Resorts, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Steve Wieczynski maintains a Hold rating on Red Rock Resorts (NASDAQ:RRR) and lowers the price target from $61 to $59.

May 08, 2024 | 1:27 pm
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NEUTRAL IMPACT
Stifel analyst Steve Wieczynski maintains a Hold rating on Red Rock Resorts and lowers the price target from $61 to $59.
The adjustment in price target by Stifel reflects a slight negative sentiment towards Red Rock Resorts' future stock performance, but the maintenance of a Hold rating suggests no significant change in the company's overall outlook. This could lead to a neutral short-term impact on the stock as investors digest the implications of the revised price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100