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Red Rock Resorts Inc (RRR) Receives a Buy from Deutsche Bank


Deutsche Bank analyst Carlo Santarelli reiterated a Buy rating on Red Rock Resorts Inc (NASDAQ: RRR) yesterday and set a price target of $39. The company’s shares closed yesterday at $23.86, close to its 52-week low of $22.84.

According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 10.2% and a 64.5% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Marriott International, and Pinnacle Entertainment.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Red Rock Resorts Inc with a $38.67 average price target.

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The company has a one-year high of $36.99 and a one-year low of $22.84. Currently, Red Rock Resorts Inc has an average volume of 823.7K.

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Red Rock Resorts, Inc. is a holding company, which engages in the management and development of gaming and entertainment facilities. It operates through the Las Vegas Operations and Native American Management segments.