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Truist Financial Keeps Their Buy Rating on Red Rock Resorts (RRR)

Tipranks - Tipranks - Fri May 1, 7:24AM CDT

In a report released today, Barry Jonas from Truist Financial maintained a Buy rating on Red Rock Resorts, with a price target of $68.00.

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According to TipRanks, Jonas is a 3-star analyst with an average return of 1.7% and a 44.85% success rate. Jonas covers the Consumer Cyclical sector, focusing on stocks such as DraftKings, Red Rock Resorts, and Caesars Entertainment.

In addition to Truist Financial, Red Rock Resorts also received a Buy from Citizens JMP’s Jordan Bender in a report issued today. However, on April 15, Wells Fargo maintained a Hold rating on Red Rock Resorts (NASDAQ: RRR).

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Based on Red Rock Resorts’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $511.78 million and a net profit of $44.66 million. In comparison, last year the company earned a revenue of $495.7 million and had a net profit of $46.59 million

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