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Fly News Breaks for August 2, 2018
FUN
Aug 2, 2018 | 07:21 EDT
Wedbush analyst James Hardiman lowered his price target for Cedar Fair to $58 from $65, citing negative trends through July. Despite disappointing year-to-date results all around, the analyst continues to believe that the 2018 distribution is safe, as is a 4% increase in the 2019 distribution. He reiterates an Outperform rating on the shares.
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