B. Riley Securities Downgrades Six Flags Entertainment to Neutral, Announces $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Eric Wold downgraded Six Flags Entertainment (SIX) from Buy to Neutral and set a new price target of $30. This adjustment reflects a change in the firm's outlook on the company's stock.
February 05, 2024 | 10:43 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Six Flags Entertainment was downgraded by B. Riley Securities from Buy to Neutral with a new price target of $30.
The downgrade from Buy to Neutral by a significant analyst firm like B. Riley Securities can lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The setting of a specific price target provides a benchmark that may influence investor expectations and market sentiment towards the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100