Stock Track | Six Flags Soars 5.01% in Pre-Market on Multiple Analyst Price Target Hikes

Stock Track05-08

Six Flags Entertainment Corporation's stock surged 5.01% in pre-market trading on Friday, following a series of positive analyst actions.

The rally comes after multiple investment banks raised their price targets on the theme park operator. Stifel increased its target to $28 from $25, Citigroup raised to $24 from $20, JP Morgan upgraded the stock to Neutral from Underweight while boosting its target to $26 from $16, and Barclays lifted its target to $26 from $22 while maintaining an Overweight rating. The analyst moves followed the company's first-quarter earnings report, indicating improved sentiment toward the company's prospects.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment