- The shares of Six Flags Entertainment Corp (NYSE: SIX) have received a price target increase from $44 to $50 by Wedbush. These are the details.
The shares of Six Flags Entertainment Corp (NYSE: SIX) have received a price target increase from $44 to $50 by Wedbush. And Wedbush analyst James Hardiman upgraded Six Flags shares from a “Neutral” rating to “Outperform.”
Even though Six Flags saw a major sell-off, Hardiman is continuing to see the theme park industry as a compelling reopening play. And Hardiman wrote in a research note that Six Flags represents a compelling combination of huge underperformance over the course of the pandemic, reopening headwinds that are manageable, and realistic margin enhancement post-pandemic opportunities.
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