Truist Securities Maintains Buy on SeaWorld Entertainment, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz has maintained a 'Buy' rating on SeaWorld Entertainment (NYSE:SEAS), but lowered the price target from $65 to $55.
October 24, 2023 | 4:49 pm
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SeaWorld Entertainment's price target has been lowered from $65 to $55 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100