Goldman Sachs analyst Afua Ahwoi downgraded SeaWorld to Neutral from Buy on the view that SeaWorld's recovery will take longer than expected, adding that key tenets of its "high risk/high reward" upgrade in April no longer apply. According to the firm's analysis, SeaWorld-branded parks deteriorated in Q3 after previous sequential improvement. Additionally, Ahwoi sees SeaWorld's legal action against the California Coastal Commission creating negative publicity for the company. Goldman Sachs also lowered its price target on SeaWorld shares to $20 from $25.