Stifel lowered the firm’s price target on United Parks & Resorts to $51 from $63 and keeps a Buy rating on the shares. The firm said it’s “fair to say” this management team has “lost all credibility at this point.” The firm slashed its estimates to be as conservative as possible, and with shares now selling at 6x revised 2026 EBITDA forecast, that does seem “excessively” low.
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