JMP Securities raised the firm’s price target on Red Rock Resorts to $61 from $55 and keeps an Outperform rating on the shares. Red Rock Resorts is entering 2024 on strong footing, with Durango a core driver of solid top-line results, including healthy revenue growth from its F&B and hotel segments, the analyst tells investors in a research note.
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Read More on RRR:
- Red Rock Resorts Announces Fourth Quarter and Full Year 2023 Results
- RRR Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Red Rock Resorts price target raised to $62 from $54 at Deutsche Bank
- Red Rock Resorts price target raised to $55 from $52 at JMP Securities
- Red Rock Resorts initiated with an Overweight at Barclays
