Morgan Stanley Reiterates Overweight on Cedar Fair, Maintains $48 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Thomas Yeh has reiterated an Overweight rating on Cedar Fair (NYSE:FUN) and maintained a $48 price target.
August 04, 2023 | 4:49 pm
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Morgan Stanley has reiterated an Overweight rating on Cedar Fair, maintaining a $48 price target. This could potentially boost investor confidence in the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. An Overweight rating suggests that the analyst believes the stock will outperform its industry in the near term. Maintaining the price target indicates the analyst's confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100