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Fly News Breaks for July 28, 2016
SIX
Jul 28, 2016 | 08:50 EDT
Janney Capital analyst Tyler Batory reiterates a Buy rating on Six Flags post Q2 results that missed expectations. The analyst believes the miss was due to moving pieces in the business and do not sees this is as a negative inflection point for the story. Future growth can be driven by higher ticket prices, more season pass sales, increased attendance, and in-park spending, he told investors in a research note. Batory lowered his fair value estimate on the shares to $64 from $68.
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