Keybanc Maintains Overweight on Six Flags Entertainment, Lowers Price Target to $31
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Robert Aurand has maintained an Overweight rating on Six Flags Entertainment (NYSE:SIX) but lowered the price target from $35 to $31.
August 11, 2023 | 8:49 am
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Six Flags Entertainment's price target has been lowered from $35 to $31 by Keybanc, though the Overweight rating is maintained.
The lowering of the price target by Keybanc indicates a potential decrease in the stock's value. However, the maintained Overweight rating suggests that the stock is still expected to outperform. This mixed signal could lead to short-term uncertainty and potential downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100