Truist Securities Maintains Buy on Cedar Fair, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Swartz has maintained a Buy rating on Cedar Fair (NYSE:FUN) and increased the price target from $45 to $50.
May 10, 2024 | 5:18 pm
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POSITIVE IMPACT
Truist Securities has reaffirmed its Buy rating on Cedar Fair and raised the price target from $45 to $50, indicating a positive outlook on the stock.
The upgrade in price target by a reputable analyst like Michael Swartz suggests a strong confidence in Cedar Fair's future performance. This kind of positive analyst coverage typically leads to increased investor interest and can drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100