5 stories mentioning RRRUpdated just now
Every FINWIRES story that references RRR, newest first.
Red Rock Resorts (RRR) has an average rating of buy and mean price target of $73.39, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
PENN Entertainment's (PENN) Q2 results reflected mixed industry trends, though stronger regional gaming helped the operator beat expectations and appear to gain share, Morgan Stanley said Wednesday in a report.Regional gaming accelerated in Q2 while Las Vegas and Macau remained choppy. Morgan Stanley said. PENN, Wynn Resorts (WYNN), Boyd Gaming (BYD) and Red Rock Resorts (RRR) all posted Q2 beats, the report said.Morgan Stanley raised its regional gaming estimates and generally lowered its Las Vegas forecasts following the results. July trends stayed positive despite even as tax-refund tailwinds faded, the report said.Gaming stocks sold off broadly despite earnings beats as investors questioned demand resilience and higher interest rates, Morgan Stanley said. Improved risk-adjusted returns and potential opportunities in prediction markets and online sports betting offer upside, the report said,Morgan Stanley raised its price target on PENN stock to $20 from $19 and maintained its equal-weight rating.Price: $19.15, Change: $+0.02, Percent Change: +0.10%
Scott Kreeger, President, on August 06, 2026, sold 31,159 shares in Red Rock Resorts (RRR) for $1,924,910. Following the Form 4 filing with the SEC, Kreeger has control over a total of 203,881 Class A common shares of the company, with 203,881 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1653653/000119312526343081/xslF345X05/ownership.xml
PENN Entertainment (PENN), Churchill Downs (CHDN), and other regional gaming companies are expected to surpass market expectations in Q2, while Macau-based operators are likely to deliver mixed results, BofA Securities said Monday in a report.For regional companies, BofA projects same-store gross gaming revenue growth of 3% from a year earlier in April and May, with June flat.For online gaming companies, while the World Cup supported trends in June, BofA flagged concerns about wagering-volume growth in Q3 and Q4 as prediction-market activity continues to accelerate.For Macau operators, BofA expects Las Vegas Sands (LVS) to miss estimates and MGM Resorts International (MGM) to beat expectations.Las Vegas Strip gaming operators are expected to deliver results in line with consensus expectations, the report said.BofA lifted its price objective to $22 from $18 on PENN stock and to $70 from $60 on Red Rock Resorts (RRR), and cut its objective to $60 from $70 on Las Vegas Sands.Price: $21.41, Change: $+0.84, Percent Change: +4.08%
Red Rock Resorts (RRR) has an average rating of buy and mean price target of $69.29, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
