SeaWorld price target raised to $72 from $60 at Truist

Truist analyst Michael Swartz raised the firm’s price target on SeaWorld to $72 from $60 and keeps a Buy rating on the shares after its "solid" Q4 earnings beat. The analyst is citing "incremental comfort" that stable demand and an improving cost backdrop should support earnings growth in the year ahead. SeaWorld has also indicated that, as of 1/31, 2023 pass sales are running ahead of year ago levels and stand at an all-time high, the firm tells investors in a research note.