Morgan Stanley Maintains Overweight on Cedar Fair, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Thomas Yeh maintains an Overweight rating on Cedar Fair (NYSE:FUN) and raises the price target from $48 to $50.

November 03, 2023 | 12:43 pm
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Morgan Stanley maintains an Overweight rating on Cedar Fair and raises the price target from $48 to $50. This could potentially lead to an increase in the stock's price.
Analyst ratings and price targets can significantly influence a stock's price. An Overweight rating suggests that the analyst believes the stock will outperform its industry in the market. A raised price target indicates the analyst's increased confidence in the stock's potential performance. Both of these factors could lead to an increase in Cedar Fair's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100