Wells Fargo Downgrades Red Rock Resorts to Equal-Weight, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer has downgraded Red Rock Resorts (NASDAQ:RRR) from Overweight to Equal-Weight while raising the price target from $63 to $64.
July 24, 2024 | 12:09 pm
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Wells Fargo has downgraded Red Rock Resorts from Overweight to Equal-Weight, but raised the price target from $63 to $64.
The downgrade from Overweight to Equal-Weight suggests a neutral stance from Wells Fargo, which could lead to a neutral short-term impact on the stock price. However, the slight increase in the price target to $64 indicates some positive outlook.
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