Six Flags price target raised to $30 from $28 at KeyBanc

KeyBanc analyst Noah Zatzkin raised the firm’s price target on Six Flags to $30 from $28 and keeps an Overweight rating on the shares. Six Flags’ Q4 report was “noisy,” and while management declined to provide explicit guidance for FY24, laid the framework for improving results as the strategic transformation progresses, the analyst tells investors in a research note. The firm acknowledges elements of a show-me story persist, but continues to view amusement parks as thematically well positioned within the broader leisure space.