Keybanc Maintains Overweight on Cedar Fair, Lowers Price Target to $49
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Robert Aurand has maintained an Overweight rating on Cedar Fair (NYSE:FUN) but lowered the price target from $54 to $49.

August 04, 2023 | 2:58 pm
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Cedar Fair's price target has been lowered from $54 to $49 by Keybanc, though the Overweight rating is maintained.
The news is directly about Cedar Fair. The lowering of the price target might indicate a potential downside, but the maintained Overweight rating suggests that the analyst still sees the stock as a good investment. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100