$59.96
0[0.00%]
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Red Rock Resorts
(NASDAQ:RRR)Red Rock Resorts Stock (NASDAQ:RRR), Analyst Ratings, Price Targets, Predictions
Red Rock Resorts Inc has a consensus price target of $55.3, established from looking at the 60 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, B of A Securities, and JP Morgan on April 9, 2024, April 8, 2024, and April 1, 2024. With an average price target of $59.67 between Morgan Stanley, B of A Securities, and JP Morgan, there's an implied -0.49% downside for Red Rock Resorts Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
B of A Securities
JP Morgan
Mizuho
Barclays
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Red Rock Resorts
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/09/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | -11.61% | Morgan Stanley | Stephanie Grambling | $51 → $53 | Maintains | Equal-Weight | Get Alert |
| 04/08/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | -4.94% | B of A Securities | Shaun Kelley | $52 → $57 | Maintains | Buy | Get Alert |
| 04/01/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | 15.08% | JP Morgan | Joseph Greff | $63 → $69 | Maintains | Overweight | Get Alert |
| 03/26/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | 15.08% | Mizuho | Ben Chaiken | → $69 | Initiates | → Buy | Get Alert |
| 02/13/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | -14.94% | Morgan Stanley | Stephanie Grambling | $48 → $51 | Maintains | Equal-Weight | Get Alert |
| 02/08/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | 5.07% | JP Morgan | Joseph Greff | $53 → $63 | Maintains | Overweight | Get Alert |
| 02/08/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | 3.4% | Barclays | Brandt Montour | $60 → $62 | Maintains | Overweight | Get Alert |
| 02/08/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | 1.73% | JMP Securities | Jordan Bender | $55 → $61 | Maintains | Market Outperform | Get Alert |
| 02/08/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | 10.07% | Susquehanna | Joseph Stauff | $52 → $66 | Maintains | Positive | Get Alert |
| 02/08/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | 3.4% | Wells Fargo | Daniel Politzer | $57 → $62 | Maintains | Overweight | Get Alert |
| 01/24/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | 3.4% | Deutsche Bank | Carlo Santarelli | $54 → $62 | Maintains | Buy | Get Alert |
| 01/18/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | -8.27% | JMP Securities | Jordan Bender | $52 → $55 | Maintains | Market Outperform | Get Alert |
| 01/18/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | 0.07% | Barclays | Brandt Montour | → $60 | Initiates | → Overweight | Get Alert |
| 01/17/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | -3.27% | Macquarie | Chad Beynon | $51 → $58 | Upgrade | Neutral → Outperform | Get Alert |
| 01/09/2024 | RRR | Buy Now | Red Rock Resorts | $59.96 | -19.95% | Morgan Stanley | Stephanie Grambling | $49 → $48 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 12/21/2023 | RRR | Buy Now | Red Rock Resorts | $59.96 | -9.94% | Stifel | Steve Wieczynski | $47 → $54 | Maintains | Hold | Get Alert |
| 12/20/2023 | RRR | Buy Now | Red Rock Resorts | $59.96 | -8.27% | Truist Securities | Barry Jonas | $46 → $55 | Maintains | Hold | Get Alert |
| 11/08/2023 | RRR | Buy Now | Red Rock Resorts | $59.96 | -18.28% | Morgan Stanley | Stephanie Grambling | $50 → $49 | Maintains | Overweight | Get Alert |
| 11/08/2023 | RRR | Buy Now | Red Rock Resorts | $59.96 | -16.61% | JP Morgan | Joseph Greff | $54 → $50 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Red Rock Resorts (RRR)?
The latest price target for Red Rock Resorts (NASDAQ: RRR) was reported by Morgan Stanley on April 9, 2024. The analyst firm set a price target for $53.00 expecting RRR to fall to within 12 months (a possible -11.61% downside). 36 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Red Rock Resorts (RRR)?
The latest analyst rating for Red Rock Resorts (NASDAQ: RRR) was provided by Morgan Stanley, and Red Rock Resorts maintained their equal-weight rating.
When was the last upgrade for Red Rock Resorts (RRR)?
The last upgrade for Red Rock Resorts Inc happened on January 17, 2024 when Macquarie raised their price target to $58. Macquarie previously had a neutral for Red Rock Resorts Inc.
When was the last downgrade for Red Rock Resorts (RRR)?
The last downgrade for Red Rock Resorts Inc happened on January 9, 2024 when Morgan Stanley changed their price target from $49 to $48 for Red Rock Resorts Inc.
When is the next analyst rating going to be posted or updated for Red Rock Resorts (RRR)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Red Rock Resorts, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Red Rock Resorts was filed on April 9, 2024 so you should expect the next rating to be made available sometime around April 9, 2025.
Is the Analyst Rating Red Rock Resorts (RRR) correct?
While ratings are subjective and will change, the latest Red Rock Resorts (RRR) rating was a maintained with a price target of $51.00 to $53.00. The current price Red Rock Resorts (RRR) is trading at is $59.96, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.