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Red Rock Resorts (RRR) Receives a Buy from Truist Financial

Tipranks - Wed Jan 14, 5:52AM CST

Truist Financial analyst Barry Jonas maintained a Buy rating on Red Rock Resorts today and set a price target of $61.87.

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According to TipRanks, Jonas is a 4-star analyst with an average return of 5.6% and a 45.34% success rate. Jonas covers the Consumer Cyclical sector, focusing on stocks such as MGM Resorts, Caesars Entertainment, and Red Rock Resorts.

In addition to Truist Financial, Red Rock Resorts also received a Buy from TipRanks – Anthropic’s Anthropic Gambling Resorts and Casinos in a report issued today. However, on January 5, Bank of America Securities maintained a Hold rating on Red Rock Resorts (NASDAQ: RRR).

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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