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Fly News Breaks for July 12, 2017
SIX
Jul 12, 2017 | 08:03 EDT
Stifel analyst Steven M. Wieczynski says he expects Six Flag's Q2 results to come in slightly below expectations. However, he thinks the stock's recent weakness is overdone as he believes that recent disappointing credit card data was driven by weather and timing factors. He expects the company's "visitation/revenue trends to normalize" over the rest of the year. The analyst keeps a $73 price target and a Buy rating on the stock.
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