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Fly News Breaks for February 23, 2017
SIX
Feb 23, 2017 | 07:56 EDT
Janney Capital analyst Tyler Batory attributes the post-earnings pullback yesterday in Six Flags to uncertainty on its Vietnam contract, questions about the value of a REIT spin, and valuation concerns. However, Batory sees several catalysts to drive EBITDA in 2017 and increased his fair value estimate on Six Flags shares to $67 from $62. He keeps a Buy rating on the stock.