Jefferies analyst David Katz said in a flash note that guidance, the dividend, management and the board are all changing at Six Flags and he expects weakness in shares should continue. Under new leadership, Six Flags is providing annual guidance for the first time, instead of its historical long-term targets, and while the financial forecasts "appear to be set comfortably low," changes to management, board, and go-forward strategy are still forthcoming, which will all be key factors in where valuation is reestablished, Katz tells investors. For now he has a Hold rating and $32 price target on the stock, but Katz said he is reviewing his estimates pending the company's upcoming conference call.