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Fly News Breaks for March 18, 2016
SEAS
Mar 18, 2016 | 08:42 EDT
FBR Capital analyst Barton Crockett believes SeaWorld's decision to stop breeding orcas could be worth $2-$8 per share over time. The move should defuse the animal concerns that contributed to making SeaWorld an underperformer in an otherwise healthy theme park industry, Crockett tells investors in a research note. He keeps an Outperform rating on SeaWorld with a $27 price target.
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