United Parks & Resorts price target lowered to $48 from $49 at Citi

Citi lowered the firm’s price target on United Parks & Resorts to $48 from $49 and keeps a Neutral rating on the shares. The firm says leisure stocks have bounced back over the past month as the “worst-case tariff scenarios have been taken off the table.” However, this leaves certain pockets, like cruise and theme parks, that represent significant value and others like powersports that may not truly reflect the current risk landscape, the analyst tells investors in a research note.