Stifel Maintains Buy on Cedar Fair, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Steven Wieczynski has maintained a Buy rating on Cedar Fair (NYSE:FUN) but has reduced the price target from $51 to $49.

November 22, 2023 | 6:10 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Cedar Fair but lowers the price target from $51 to $49, indicating a slight decrease in expected future stock performance.
The reduction in price target by Stifel suggests a minor adjustment in the expected performance of Cedar Fair's stock. While the Buy rating is maintained, indicating continued confidence in the company's prospects, the lower price target may slightly temper investor expectations. This could lead to a neutral short-term impact on the stock as the market digests the new target alongside the reaffirmed positive outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100