United Parks & Resorts price target raised to $68 from $58 at Truist

Truist analyst Michael Swartz raised the firm’s price target on United Parks & Resorts to $68 from $58 and keeps a Buy rating on the shares as part of a broader research note on Theme Parks. Firmed demand trends are likely to be reflected in the upcoming Q2 earnings season, but while there could be a risk per cap expectations due to promotions and mix, the re-prioritization of attendance growth and easier Q3 comps make for an attractive investment case heading into the second half of the year, the analyst tells investors in a research note.