Texas Capital initiated coverage of Six Flags (FUN) with a Buy rating and $28 price target The firm views the company as better positioned to offer a strengthened entertainment experience and a more attractive value proposition following the merger with Cedar Fun. Texas Capital is optimistic that a return to pre-pandemic attendance can meaningfully boost Six Flags’ sales and profitability in the coming years.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FUN:
- Unusually active option classes on open October 6th
- Optimistic Buy Rating for Six Flags Amid Real Estate Monetization and Leadership Changes
- Land & Buildings to pressure Six Flags to sell off real estate assets, WSJ says
- Morning Movers: Six Flags jumps as demand rises across portfolio of parks
- Six Flags provides update on attendance trends for the summer season