Cedar Fair price target raised to $52 from $50 at B. Riley

B. Riley analyst Eric Wold raised the firm’s price target on Cedar Fair to $52 from $50 and keeps a Buy rating on the shares. The company reported Q4 results that came in above expectations as attendance reached record levels that were 14% above pre-pandemic levels with more favorable weather conditions and benefiting from mid-year pricing and marketing spend shifts by management, the analyst tells investors in a research note.