Stock endured a brutal October Pullback makes it more attractive on valuation Red Rock is one of the top growth stories among casino stocks, says analyst Red Rock Resorts (NASDAQ: RRR) stock endured a dismal October, retreating more than 10% — a decline that included a 7.12% drop last week — but at least one analyst believes the pullback is providing long-term investors with an attractive entry point. Red Rock Casino-Resort. Recent weakness in the stock could be a buying opportunity. (Image: YouTube) In a new report to clients, Stifel analyst Steven Wieczynski upgraded the stock to “buy” from “hold” with a $68 price target, implying upside of approximately 26% from current levels. Wieczynski says one of the reasons Red Rock sold off following what were impressive third-quarter earnings is because investors were hoping management would announce a new from-the-ground-up casino project, but all they got was news of another expansion at Durango Casino & Resort in Southwest Las Vegas.…Read MoreCategory: Commercial Gaming, Financial, Las Vegas, commercial gamingSource: Casino.org