United Parks & Resorts price target raised to $75 from $70 at Stifel

Stifel raised the firm’s price target on United Parks & Resorts to $75 from $70 and keeps a Buy rating on the shares. Expectations were low heading into the release of the company’s Q4 results, but today’s positive share reaction was due more to the company releasing long-term financial “targets,” giving clear guidance around capital spending plans, indicating improvement can be made to its cost structure, and noting 2024 EBITDA was an all-time record, the analyst tells investors. Stifel now believes investors have to now take another look at the company given its underwhelming valuation.