Morgan Stanley Maintains Overweight Rating for SeaWorld Entertainment: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Morgan Stanley has maintained its Overweight rating for SeaWorld Entertainment (NYSE:SEAS) but lowered its price target from $68.00 to $65.00. SeaWorld's shares are currently trading down 0.57% at $52.45 per share. A move to $65.00 would represent a 23.93% increase from the current share price.
August 09, 2023 | 5:01 pm
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Morgan Stanley maintains its Overweight rating for SeaWorld Entertainment but lowers its price target. This could potentially lead to a 23.93% increase in the share price.
Morgan Stanley's maintained Overweight rating indicates a positive outlook for SeaWorld Entertainment. However, the lowering of the price target might cause some short-term uncertainty. In the long run, if the price target is met, it would mean a significant increase in the share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100