Morgan Stanley Maintains Overweight on Cedar Fair, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Thomas Yeh has maintained an Overweight rating on Cedar Fair (NYSE:FUN) but lowered the price target from $53 to $48.

August 04, 2023 | 9:20 am
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Morgan Stanley has maintained an Overweight rating on Cedar Fair but lowered the price target from $53 to $48.
The Overweight rating indicates that Morgan Stanley believes Cedar Fair's stock will outperform the market. However, the lowering of the price target could indicate a potential decrease in the stock's value. The impact on the stock price is uncertain as the positive and negative signals could offset each other.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100