Cedar Fair price target raised to $54 from $52 at Truist

Truist analyst Michael Swartz raised the firm’s price target on Cedar Fair to $54 from $52 and keeps a Buy rating on the shares as part of a broader research note on Recreation & Leisure names. The company is among his Top Ideas of names falling in the category of having "favorable evergreen characteristics" as "price takers, share gainers, secular growers, margin expanders, etc.", the analyst tells investors in a research note. Swartz also views valuation on the stock as "attractive".