Six Flags price target lowered to $22 from $26 at Goldman Sachs

Goldman Sachs analyst Lizzie Dove lowered the firm’s price target on Six Flags to $22 from $26 and keeps a Sell rating on the shares. The firm’s deep dive into foot traffic data by park and pricing analysis shows muted trends across the board for Q2 and “we don’t think all of this can be blamed on the weather,” the analyst tells investors in a preview note for the Americas amusement parks group. The firm, which lowered its Q2 attendance estimate to 7.1M visitors from 7.4M, expects Six Flags will report “lackluster” Q2 results.