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Fly News Breaks for October 25, 2018
SIX
Oct 25, 2018 | 07:54 EDT
Wedbush analyst James Hardiman lowered his price target for Six Flags to $55 from $70, saying Q3 results were a "significant disappointment." While a lack of transparency remains somewhat of an obstacle to a full understanding as to the makeup of the miss, the analyst continues to be concerned about the organic growth trajectory of domestic parks, and has new concerns surrounding international development. Hardiman reiterates a Neutral rating on the shares.
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