United Parks & Resorts price target raised to $59 from $55 at Citi

Citi raised the firm’s price target on United Parks & Resorts (PRKS) to $59 from $55 and keeps a Neutral rating on the shares. With a strong finish to the month of June, we think that Six Flags Entertainment (FUN) and United Parks are positioned for Q2 beats, even as early July trends have been a bit less favorable, the analyst tells investors in a research note. The firm, however, is more cautious on United Parks, citing mounting competitive risk in the key Orlando market.