JP Morgan Maintains Overweight on Red Rock Resorts, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Joseph Greff maintains an Overweight rating on Red Rock Resorts (NASDAQ:RRR) and raises the price target from $62 to $69.
July 24, 2024 | 2:30 pm
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POSITIVE IMPACT
JP Morgan analyst Joseph Greff maintains an Overweight rating on Red Rock Resorts and raises the price target from $62 to $69.
The increase in the price target from $62 to $69 by a reputable analyst at JP Morgan is a positive signal for investors, indicating confidence in the company's future performance. This is likely to result in a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100