Truist Securities Maintains Buy on Six Flags Entertainment, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Six Flags Entertainment but lowered the price target from $60 to $54.
October 21, 2024 | 3:08 pm
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NEUTRAL IMPACT
Truist Securities has maintained a Buy rating on Six Flags Entertainment, indicating continued confidence in the company's performance. However, the price target has been lowered from $60 to $54, suggesting a more cautious outlook on its short-term valuation.
The maintenance of a Buy rating suggests that the analyst still sees potential in Six Flags Entertainment, but the lowered price target reflects a more cautious view on its short-term valuation. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100