SIX Stock: $50 Target From Wedbush

By Amit Chowdhry ● Jul 31, 2021
  • The shares of Six Flags Entertainment Corp (NYSE: SIX) have received a price target increase from $44 to $50 by Wedbush. These are the details.

The shares of Six Flags Entertainment Corp (NYSE: SIX) have received a price target increase from $44 to $50 by Wedbush. And Wedbush analyst James Hardiman upgraded Six Flags shares from a “Neutral” rating to “Outperform.” 

Even though Six Flags saw a major sell-off, Hardiman is continuing to see the theme park industry as a compelling reopening play. And Hardiman wrote in a research note that Six Flags represents a compelling combination of huge underperformance over the course of the pandemic, reopening headwinds that are manageable, and realistic margin enhancement post-pandemic opportunities.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.