Stifel raised the firm’s price target on United Parks & Resorts to $65 from $60 and keeps a Buy rating on the shares. United Parks continues to believe it can achieve record revenue and EBITDA this year even in the face of Universal’s recent Epic opening, but the Street and investors “clearly don’t believe them given where shares are currently trading,” the analyst says. If United Parks is right, there is “going to be substantial upside in the share price,” the analyst added.
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