Mizuho Securities analyst Benjamin Chaiken maintains $Red Rock Resorts (RRR.US)$ with a buy rating.
According to TipRanks data, the analyst has a success rate of 57.0% and a total average return of 9.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Red Rock Resorts (RRR.US)$'s main analysts recently are as follows:
The company experienced a challenging Q3 with a deceleration in growth, as noted by an analyst.
Red Rock Resorts has experienced a 'soft' third quarter report and anticipates a similar trend in the fourth quarter, influenced by seasonal factors and election impacts. The company's capital projects slated for 2025 are expected to introduce some disruption, which has led to a revision of estimates.
Following the Q3 report, it is noted that Durango is performing well ahead of expectations. It is anticipated that Red Rock will continue to be the primary beneficiary of the favorable demographic shifts in the Las Vegas Locals market.
Note:
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