Barclays lowered the firm’s price target on Six Flags (FUN) to $40 from $43 and keeps an Overweight rating on the shares. The firm reduced Q2 attendance estimates ahead of the earnings report citing poor weather and visitation trends. However, the weather is well-known and fully priced into the shares, creating upside risk on the print for Six Flags, the analyst tells investors in a research note.
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- Six Flags price target lowered to $37 from $42 at Citi
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