Red Rock Resorts price target raised to $71 from $68 at Citizens

Citizens raised the firm’s price target on Red Rock Resorts (RRR) to $71 from $68 and keeps an Outperform rating on the shares. Management continues to demonstrate best-in-class execution by driving organic EBITDA growth while returning capital to shareholders, including a third consecutive $1.00 special dividend, the analyst tells investors in a research note. With projected 11% free cash flow growth in both 2026 and 2027, Red Rock Resorts remains a top gaming pick and a preferred way to gain exposure to the Las Vegas Locals market, Citizens says.