Rosenblatt Downgrades Six Flags Entertainment: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Rosenblatt has downgraded Six Flags Entertainment (NYSE:SIX) to Neutral and lowered the price target from $32.00 to $25.00. Six Flags' shares are currently trading at $23.72, down 1.66% over the last 24 hours. The new price target suggests a potential upside of 5.4% from the current share price. Six Flags operates 27 theme parks and waterparks across the United States, Mexico, and Canada.

November 21, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Rosenblatt has downgraded Six Flags Entertainment to Neutral and reduced the price target from $32.00 to $25.00, indicating a potential upside of 5.4% from the current price.
The downgrade by Rosenblatt to a Neutral rating and the reduction in price target are likely to have a neutral to slightly negative short-term impact on Six Flags' stock price. The new price target still suggests a potential upside, which may mitigate some negative sentiment. However, the downgrade itself could lead to a cautious stance from investors, especially if followed by similar actions from other analysts or if it reflects broader concerns about the company's prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100