B. Riley Securities Maintains Buy on Cedar Fair, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Eric Wold maintains a Buy rating on Cedar Fair (NYSE:FUN) but lowers the price target from $58 to $56.
October 18, 2023 | 7:08 pm
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Cedar Fair's price target has been lowered from $58 to $56 by B. Riley Securities, though the Buy rating is maintained.
The lowering of the price target by B. Riley Securities could potentially create a negative sentiment among investors. However, the maintained Buy rating indicates that the analyst still sees potential in the stock, which could balance out the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100