Wells Fargo Maintains Equal-Weight on Red Rock Resorts, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer has maintained an Equal-Weight rating on Red Rock Resorts (NASDAQ:RRR) but has lowered the price target from $64 to $58.
October 17, 2024 | 5:37 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Red Rock Resorts but reduced the price target from $64 to $58, indicating a more cautious outlook.
The lowering of the price target by Wells Fargo suggests a less optimistic view on Red Rock Resorts' future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100