Morgan Stanley Maintains Overweight on SeaWorld Entertainment, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Thomas Yeh has maintained an Overweight rating on SeaWorld Entertainment (NYSE:SEAS) but lowered the price target from $65 to $60.

November 09, 2023 | 2:38 pm
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SeaWorld Entertainment's price target has been lowered from $65 to $60 by Morgan Stanley, though the Overweight rating is maintained.
The lowering of the price target by Morgan Stanley could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintenance of the Overweight rating indicates that the analyst still sees upside potential in the stock, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100