Susquehanna analyst Joseph Stauff lowered the firm’s price target on Red Rock Resorts (RRR) to $70 from $77 and keeps a Positive rating on the shares. The firm lowered estimates as the construction disruption from its 6 projects will run hotter than previously expected in 2Q and 3Q before the first quarterly payoff in 4Q26 where the cumulative effect from its various upgrade deployments begin to bite.
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