Analysts Offer Insights on Consumer Cyclical Companies: Red Rock Resorts (RRR) and Garrett Motion (GTX)
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Red Rock Resorts (RRR) and Garrett Motion (GTX) with bullish sentiments.
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Red Rock Resorts (RRR)
In a report released today, David Katz from Jefferies maintained a Buy rating on Red Rock Resorts, with a price target of $75.00. The company’s shares closed last Monday at $65.27.
According to TipRanks.com, Katz is a 4-star analyst with an average return of
Red Rock Resorts has an analyst consensus of Strong Buy, with a price target consensus of $69.79, which is a 5.2% upside from current levels. In a report issued on June 26, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $72.00 price target.
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Garrett Motion (GTX)
BWS Financial analyst Hamed Khorsand maintained a Buy rating on Garrett Motion today and set a price target of $42.00. The company’s shares closed last Monday at $32.60.
According to TipRanks.com, Khorsand is a 5-star analyst with an average return of
Currently, the analyst consensus on Garrett Motion is a Moderate Buy with an average price target of $32.20, a -1.1% downside from current levels. In a report issued on June 28, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $40.00 price target.
Read More on RRR:
Disclaimer & DisclosureReport an Issue
- Red Rock Resorts price target raised to $75 from $74 at Jefferies
- Red Rock Resorts initiated with a Buy at Goldman Sachs
- Red Rock Resorts Shareholders Back Board, Pay and Auditor
- Red Rock Resorts price target lowered to $70 from $72 at Stifel
- Red Rock Resorts price target lowered to $59 from $63 at Morgan Stanley
