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Fly News Breaks for April 6, 2016
SIX
Apr 6, 2016 | 07:28 EDT
Oppenheimer analyst Ian Zaffino raised his price target for Six Flags to $65 from $58. The analyst says the company continues to look for opportunities to increase revenue, with season shopping and dining passes and low-cost VR roller coasters. Six Flags boasts "an impressive" 4% dividend yield and has an international licensing opportunity that may be underestimated by the Street, Zaffino tells investors in a research note. The analyst reiterates an Outperform rating on the shares.
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