Red Rock Resorts Inc has a consensus price target of $57.67 based on the ratings of 18 analysts. The high is $69 issued by JP Morgan on April 1, 2024. The low is $36 issued by Loop Capital on July 11, 2022. The 3 most-recent analyst ratings were released by Truist Securities, Morgan Stanley, and B of A Securities on July 18, 2024, July 12, 2024, and May 13, 2024, respectively. With an average price target of $57.67 between Truist Securities, Morgan Stanley, and B of A Securities, there's an implied -2.07% downside for Red Rock Resorts Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/18/2024 | Buy Now | 8.69% | Truist Securities | Barry Jonas | $60 → $64 | Maintains | Hold | Get Alert |
07/12/2024 | Buy Now | -8.3% | Morgan Stanley | Stephanie Grambling | $53 → $54 | Maintains | Equal-Weight | Get Alert |
05/13/2024 | Buy Now | -6.6% | B of A Securities | Shaun Kelley | $57 → $55 | Upgrade | Underperform → Neutral | Get Alert |
05/08/2024 | Buy Now | 6.99% | Barclays | Brandt Montour | $64 → $63 | Maintains | Overweight | Get Alert |
05/08/2024 | Buy Now | 10.38% | JMP Securities | Jordan Bender | $66 → $65 | Maintains | Market Outperform | Get Alert |
05/08/2024 | Buy Now | 6.99% | Wells Fargo | Daniel Politzer | $66 → $63 | Maintains | Overweight | Get Alert |
05/08/2024 | Buy Now | 0.2% | Stifel | Steve Wieczynski | $61 → $59 | Maintains | Hold | Get Alert |
05/08/2024 | Buy Now | 12.08% | Mizuho | Ben Chaiken | $69 → $66 | Maintains | Buy | Get Alert |
04/23/2024 | Buy Now | 1.89% | Truist Securities | Barry Jonas | $58 → $60 | Maintains | Hold | Get Alert |
04/19/2024 | Buy Now | 8.69% | Barclays | Brandt Montour | $62 → $64 | Maintains | Overweight | Get Alert |
04/19/2024 | Buy Now | 12.08% | JMP Securities | Jordan Bender | $61 → $66 | Maintains | Market Outperform | Get Alert |
04/09/2024 | Buy Now | -9.99% | Morgan Stanley | Stephanie Grambling | $51 → $53 | Maintains | Equal-Weight | Get Alert |
04/08/2024 | Buy Now | -3.2% | B of A Securities | Shaun Kelley | $52 → $57 | Maintains | Buy | Get Alert |
04/01/2024 | Buy Now | 17.18% | JP Morgan | Joseph Greff | $63 → $69 | Maintains | Overweight | Get Alert |
03/26/2024 | Buy Now | 17.18% | Mizuho | Ben Chaiken | → $69 | Initiates | → Buy | Get Alert |
02/13/2024 | Buy Now | -13.39% | Morgan Stanley | Stephanie Grambling | $48 → $51 | Maintains | Equal-Weight | Get Alert |
02/08/2024 | Buy Now | 6.99% | JP Morgan | Joseph Greff | $53 → $63 | Maintains | Overweight | Get Alert |
02/08/2024 | Buy Now | 5.29% | Barclays | Brandt Montour | $60 → $62 | Maintains | Overweight | Get Alert |
02/08/2024 | Buy Now | 3.59% | JMP Securities | Jordan Bender | $55 → $61 | Maintains | Market Outperform | Get Alert |
02/08/2024 | Buy Now | 12.08% | Susquehanna | Joseph Stauff | $52 → $66 | Maintains | Positive | Get Alert |
02/08/2024 | Buy Now | 5.29% | Wells Fargo | Daniel Politzer | $57 → $62 | Maintains | Overweight | Get Alert |
01/24/2024 | Buy Now | 5.29% | Deutsche Bank | Carlo Santarelli | $54 → $62 | Maintains | Buy | Get Alert |
01/18/2024 | Buy Now | -6.6% | JMP Securities | Jordan Bender | $52 → $55 | Maintains | Market Outperform | Get Alert |
01/18/2024 | Buy Now | 1.89% | Barclays | Brandt Montour | → $60 | Initiates | → Overweight | Get Alert |
01/17/2024 | Buy Now | -1.5% | Macquarie | Chad Beynon | $51 → $58 | Upgrade | Neutral → Outperform | Get Alert |
01/09/2024 | Buy Now | -18.49% | Morgan Stanley | Stephanie Grambling | $49 → $48 | Downgrade | Overweight → Equal-Weight | Get Alert |
12/21/2023 | Buy Now | -8.3% | Stifel | Steve Wieczynski | $47 → $54 | Maintains | Hold | Get Alert |
12/20/2023 | Buy Now | -6.6% | Truist Securities | Barry Jonas | $46 → $55 | Maintains | Hold | Get Alert |
11/08/2023 | Buy Now | -16.79% | Morgan Stanley | Stephanie Grambling | $50 → $49 | Maintains | Overweight | Get Alert |
11/08/2023 | Buy Now | -15.09% | JP Morgan | Joseph Greff | $54 → $50 | Maintains | Overweight | Get Alert |
11/08/2023 | Buy Now | -9.99% | Wells Fargo | Daniel Politzer | $55 → $53 | Maintains | Overweight | Get Alert |
10/18/2023 | Buy Now | -21.88% | Truist Securities | Barry Jonas | $50 → $46 | Maintains | Hold | Get Alert |
10/13/2023 | Buy Now | -15.09% | Morgan Stanley | Stephanie Grambling | $53 → $50 | Maintains | Overweight | Get Alert |
09/18/2023 | Buy Now | -9.99% | Morgan Stanley | Stephanie Grambling | $54 → $53 | Maintains | Overweight | Get Alert |
09/11/2023 | Buy Now | -11.69% | Susquehanna | Joseph Stauff | → $52 | Initiates | → Positive | Get Alert |
08/04/2023 | Buy Now | -8.3% | Morgan Stanley | Stephen Grambling | $55 → $54 | Maintains | Overweight | Get Alert |
08/04/2023 | Buy Now | -9.99% | Wells Fargo | Daniel Politzer | $55 → $53 | Maintains | Overweight | Get Alert |
07/17/2023 | Buy Now | -8.3% | JMP Securities | Jordan Bender | → $54 | Reiterates | Market Outperform → Market Outperform | Get Alert |
07/14/2023 | Buy Now | -6.6% | Morgan Stanley | Stephen Grambling | $54 → $55 | Maintains | Overweight | Get Alert |
07/10/2023 | Buy Now | -6.6% | Wells Fargo | Daniel Politzer | $56 → $55 | Maintains | Overweight | Get Alert |
06/27/2023 | Buy Now | -15.09% | Truist Securities | Barry Jonas | → $50 | Reiterates | Hold → Hold | Get Alert |
05/05/2023 | Buy Now | -6.6% | Deutsche Bank | Carlo Santarelli | $53 → $55 | Maintains | Buy | Get Alert |
05/05/2023 | Buy Now | -15.09% | Truist Securities | Barry Jonas | $49 → $50 | Maintains | Hold | Get Alert |
05/05/2023 | Buy Now | -8.3% | JMP Securities | Jordan Bender | $51 → $54 | Maintains | Market Outperform | Get Alert |
05/05/2023 | Buy Now | -4.9% | Wells Fargo | Daniel Politzer | $54 → $56 | Maintains | Overweight | Get Alert |
04/18/2023 | Buy Now | -8.3% | Morgan Stanley | Stephen Grambling | $53 → $54 | Maintains | Overweight | Get Alert |
04/17/2023 | Buy Now | -13.39% | JMP Securities | Jordan Bender | → $51 | Reiterates | → Market Outperform | Get Alert |
03/30/2023 | Buy Now | -13.39% | JMP Securities | Jordan Bender | → $51 | Reiterates | → Market Outperform | Get Alert |
02/08/2023 | Buy Now | -8.3% | Wells Fargo | Daniel Politzer | $48 → $54 | Maintains | Overweight | Get Alert |
02/08/2023 | Buy Now | -6.6% | JP Morgan | Joseph Greff | $50 → $55 | Maintains | Overweight | Get Alert |
01/20/2023 | Buy Now | -13.39% | JMP Securities | Jordan Bender | $50 → $51 | Maintains | Market Outperform | Get Alert |
01/11/2023 | Buy Now | — | Truist Securities | Barry Jonas | — | Downgrade | Buy → Hold | Get Alert |
11/21/2022 | Buy Now | -11.69% | Morgan Stanley | Stephen Grambling | → $52 | Initiates | → Overweight | Get Alert |
10/20/2022 | Buy Now | -25.28% | CBRE | John DeCree | → $44 | Reinstates | → Hold | Get Alert |
09/22/2022 | Buy Now | -15.09% | JMP Securities | Jordan Bender | → $50 | Initiates | → Market Outperform | Get Alert |
09/07/2022 | Buy Now | -15.09% | Jefferies | Cassandra Lee | → $50 | Initiates | → Buy | Get Alert |
08/10/2022 | Buy Now | -15.09% | Deutsche Bank | Carlo Santarelli | $45 → $50 | Maintains | Buy | Get Alert |
07/20/2022 | Buy Now | -23.58% | Truist Securities | Barry Jonas | $65 → $45 | Maintains | Buy | Get Alert |
07/14/2022 | Buy Now | -18.49% | Wells Fargo | Daniel Politzer | $56 → $48 | Maintains | Overweight | Get Alert |
07/13/2022 | Buy Now | -23.58% | Deutsche Bank | Carlo Santarelli | $54 → $45 | Maintains | Buy | Get Alert |
07/11/2022 | Buy Now | -38.86% | Loop Capital | Daniel Adam | → $36 | Initiates | → Hold | Get Alert |
05/12/2022 | Buy Now | -15.09% | Berenberg | Zachary Silverberg | → $50 | Initiates | → Buy | Get Alert |
05/04/2022 | Buy Now | -4.9% | Wells Fargo | Daniel Politzer | $60 → $56 | Maintains | Overweight | Get Alert |
02/03/2022 | Buy Now | -4.9% | Deutsche Bank | Carlo Santarelli | $60 → $56 | Maintains | Buy | Get Alert |
01/26/2022 | Buy Now | -6.6% | Macquarie | Chad Beynon | $60 → $55 | Downgrade | Outperform → Neutral | Get Alert |
01/10/2022 | Buy Now | — | B of A Securities | Shaun Kelley | — | Downgrade | Neutral → Underperform | Get Alert |
10/06/2021 | Buy Now | 1.89% | Keybanc | Brett Andress | — | Maintains | Overweight | Get Alert |
09/15/2021 | Buy Now | 5.29% | Wells Fargo | Daniel Politzer | — | Initiates | → Overweight | Get Alert |
The latest price target for Red Rock Resorts (NASDAQ:RRR) was reported by Truist Securities on July 18, 2024. The analyst firm set a price target for $64.00 expecting RRR to rise to within 12 months (a possible 8.69% upside). 37 analyst firms have reported ratings in the last year.
The latest analyst rating for Red Rock Resorts (NASDAQ:RRR) was provided by Truist Securities, and Red Rock Resorts maintained their hold rating.
The last upgrade for Red Rock Resorts Inc happened on May 13, 2024 when B of A Securities raised their price target to $55. B of A Securities previously had an underperform for Red Rock Resorts Inc.
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.
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 July 18, 2024 so you should expect the next rating to be made available sometime around July 18, 2025.
While ratings are subjective and will change, the latest Red Rock Resorts (RRR) rating was a maintained with a price target of $60.00 to $64.00. The current price Red Rock Resorts (RRR) is trading at is $58.89, which is out of the analyst’s predicted range.
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