Cedar Fair price target raised to $52 from $49 at KeyBanc

KeyBanc raised the firm’s price target on Cedar Fair to $52 from $49 and keeps an Overweight rating on the shares. Cedar Fair’s Q4 results beat expectations, showcasing strong attendance and margins as the company’s strategy continues to bear fruit, the analyst tells investors in a research note. The firm continues to view amusement parks as thematically well-positioned within the broader leisure space.