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Susquehanna Remains a Buy on Red Rock Resorts (RRR)

Tipranks - Tipranks - Fri Jun 19, 7:58AM CDT

In a report released today, Joseph Stauff from Susquehanna reiterated a Buy rating on Red Rock Resorts, with a price target of $70.00.

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Stauff covers the Consumer Cyclical sector, focusing on stocks such as Red Rock Resorts, Rush Street Interactive, and Caesars Entertainment. According to TipRanks, Stauff has an average return of 16.2% and a 59.44% success rate on recommended stocks.

Currently, the analyst consensus on Red Rock Resorts is a Strong Buy with an average price target of $68.69.

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Based on Red Rock Resorts’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $507.32 million and a net profit of $42.89 million. In comparison, last year the company earned a revenue of $497.86 million and had a net profit of $44.75 million

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