Pursuit Attractions price target raised to $48 from $45 at Oppenheimer

Oppenheimer raised the firm’s price target on Pursuit Attractions (PRSU) to $48 from $45 and keeps an Outperform rating on the shares. The firm notes the company reported Q3 results that were ahead of its expectations, and boosted its full-year guidance. Oppenheimer sees this as validating its thesis that the company can outperform others in the travel sector given its ownership of assets in iconic locations with high barriers to entry.