Truist Securities Maintains Hold on Red Rock Resorts, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Red Rock Resorts (NASDAQ:RRR) while lowering the price target from $63 to $58.
October 23, 2024 | 1:57 pm
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Truist Securities has maintained a Hold rating on Red Rock Resorts and reduced the price target from $63 to $58, indicating a more cautious outlook.
The reduction in price target from $63 to $58 by Truist Securities 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