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Fly News Breaks for September 17, 2019
SEAS
Sep 17, 2019 | 08:45 EDT
B. Riley FBR analyst Eric Wold recommends using any weakness in shares of SeaWorld Entertainment from the sudden resignation of seven month CEO Gustavo Antorcha as an additional incremental buying opportunity. Since SeaWorld is still "very much in recovery mode," has a heightened level of scrutiny overhanging its operations and has underperformed its peers around attendance growth, the analyst says he has no problem with a board that is increasingly involved in the decision making. He reiterates a Buy rating on SeaWorld shares with a $17 price target.
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