Red Rock Resorts price target raised to $75 from $71 at Stifel

Stifel raised the firm’s price target on Red Rock Resorts (RRR) to $75 from $71 and keeps a Buy rating on the shares. While the firm has been more guarded in general around regional gaming operators, it’s clear the Las Vegas Locals market and Red Rock are “operating on a much different level relative to your ‘normal’ regional gaming operator,” the analyst tells investors.