Barclays initiated coverage of Six Flags Entertainment (FUN) with an Overweight rating and $41 price target The firm says “potential resiliency” in the current macro backdrop for the U.S. theme parks and steep share declines have left the shares attractively valued. Compared to peers, Six Flags has made more consistent capital investments, has kept well-appointed parks, and maintained in-park operations and in-park programming all “best-in-class,” the analyst tells investors in a research note.
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