Rating Change
Wells Fargo reiterated its Overweight rating on Red Rock Resorts, Inc. (NASDAQ:RRR) on November 05, 2026.
reiterateNASDAQ:RRR
Wells Fargo Reiterates Overweight Rating on Red Rock Resorts, Inc. (RRR)
Wells Fargo reiterated its Overweight rating on Red Rock Resorts, Inc. (NASDAQ:RRR) on November 05, 2026.
At publication ·
What changed
Red Rock Resorts, Inc. (NASDAQ:RRR) · reiterate
- Firm
- Wells Fargo
- Rating
- Overweight to Overweight
- Price at event
- $47.96
- Market capitalization
- $3.6B
At a glance
Key takeaways
- Wells Fargo reiterated an Overweight rating on Red Rock Resorts (RRR) on November 5, 2026, with the stock trading at $47.96 and a market cap of $3.6 billion.
- The stock has declined 10% over the past 52 weeks, reflecting recent underperformance in the Consumer Cyclical sector.
- Among the 10 most recent analyst ratings, 9 are Buy or Overweight and 1 is Hold, with no Sell ratings, indicating broad analyst support.
- Analyst ratings have mixed predictive power on their own, but significant consensus changes can provide more meaningful market signals for investors.
Market Context
Red Rock Resorts, Inc. operates in the Consumer Cyclical sector. The stock currently trades at $47.96 with a market capitalization of $3.6B. The stock has declined 10.0% over the past 52 weeks.
Analyst coverage from Wells Fargo provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Red Rock Resorts, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Red Rock Resorts, Inc.
Among the 10 most recent ratings: 9 Buy, 1 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Nov 05, 2026 | Wells Fargo | Overweight | N/A |
| Nov 04, 2026 | JP Morgan | Overweight | N/A |
| Nov 04, 2026 | StoneX | Buy | N/A |
| Nov 04, 2026 | Citizens | Market Outperform | N/A |
| Oct 20, 2026 | JP Morgan | Overweight | N/A |
Related Tools: Analyst Ratings Dashboard | View RRR Stock Page
Frequently Asked Questions
What does the Overweight rating mean for RRR?
A rating of Overweight from Wells Fargo reflects the analyst's outlook on Red Rock Resorts, Inc. (NASDAQ:RRR). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the RRR forecast page.
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