Cedar Fair price target lowered to $55 from $56 at Mizuho

Mizuho lowered the firm’s price target on Cedar Fair (FUN) to $55 from $56 and keeps a Buy rating on the shares. The firm says lower operating days lay groundwork for margin expansion with the Six Flags (SIX) merger closing in late Q2. It sees significant upside to EBITDA from synergies.