JPMorgan Keeps Red Rock Resorts at Overweight, Trims Target to $71
JPMorgan kept its Overweight rating on Red Rock Resorts and cut its price target to $71 a share from $72, per Dow Jones Newswires citing Benzinga data.
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what happened
JPMorgan analysts kept their Overweight rating on Red Rock Resorts (RRR) but reduced the price target by one dollar, to $71 per share from $72. The ratings update was reported by Dow Jones Newswires, which cited Benzinga.
why it matters
A one-dollar cut to a target is a small change for a single stock. Updates like this mainly matter to holders of the company's shares and do not shift the broader market picture.
tags
instruments
sources
- Red Rock Resorts Is Maintained at Overweight by JP Morgan — Dow Jones Newswires, 20 October 2026 at 18:10 UTC
- Wynn Resorts Is Maintained at Overweight by JP Morgan — Dow Jones Newswires, 20 October 2026 at 18:31 UTC
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