Six Flags Entertainment Corporation (FUN) saw its stock price plummet 5.32% during intraday trading on Monday.
The decline follows a negative analyst action from Barclays, where analyst Brandt Montour lowered the firm's price target on Six Flags to $22 from $25. While maintaining an Overweight rating on the shares, the reduction in the price target likely contributed to negative investor sentiment and selling pressure.
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