Citi analyst Jason Bazinet said he previously thought in mid-2017 that the consensus Street view on SeaWorld's 2018 EBITDA was likely too bullish. However, since then, SeaWorld missed and lowered guidance twice and now the consensus 2018 EBITDA estimate has been cut by $85M, which he sees as too far a swing given he has lowered his own estimate by only $30M to $325M, versus the $311M consensus. The analyst, who thinks the consensus gives no credit for recent attendance rebounds in California and Florida, is too conservative on 2018 cost cuts, and factors in no international attendance stabilization, keeps a Neutral rating on the stock but raised his price target on the shares to $15 from $13.