Red Rock Resorts (RRR) Gets a Buy from Jefferies
In a report released today, David Katz from Jefferies maintained a Buy rating on Red Rock Resorts, with a price target of $73.00.
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Katz covers the Consumer Cyclical sector, focusing on stocks such as DraftKings, Carnival, and Rush Street Interactive. According to TipRanks, Katz has an average return of 7.0% and a 46.45% success rate on recommended stocks.
Currently, the analyst consensus on Red Rock Resorts is a Strong Buy with an average price target of $65.07.
Based on Red Rock Resorts’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $475.57 million and a net profit of $42.25 million. In comparison, last year the company earned a revenue of $468.02 million and had a net profit of $28.95 million
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