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Fly News Breaks for September 15, 2017
RRR
Sep 15, 2017 | 07:11 EDT
As noted earlier, SunTrust started coverage of Red Rock with a $26 price target and a Buy rating. Analyst C. Patrick Scholes is upbeat on the outlook for Las Vegas gaming and believes that the company's "Las Vegas focused portfolio could grow same-store EBITDA as fast or faster" than any other name he covers. The analyst explains that the company's recent investments and easy comps should enable it to grow more quickly than the Las Vegas gaming market.
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