Stifel lowered the firm’s price target on United Parks & Resorts to $70 from $76 and keeps a Buy rating on the shares. While the firm believe United Parks is “going to get caught up in some negative commentary” recently heard from certain consumer facing companies, including Disney (DIS), Comcast (CMCSA), and Marriott (MAR), Stifel continues to believe United Parks is “more of a value proposition versus certain leisure peers and that continues to get overlooked,” the analyst tells investors in a Q2 recap note.
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