FBR Capital Upgrades SeaWorld Entertainment (SEAS) to Outperform
Get Alerts SEAS Hot Sheet
Rating Summary:
9 Buy, 9 Hold, 1 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 20 | Down: 14 | New: 22
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FBR Capital upgraded SeaWorld Entertainment (NYSE: SEAS) from Market Perform to Outperform with a price target of $26.00.
Analyst Barton Crockett said, "We upgrade SeaWorld Entertainment, Inc. (SEAS) to Outperform, with a $26 price target, believing that recent concerns about animal treatment, fueling the majority of summer 2014 operating weakness, and the related post-earnings, 30%-plus share decline are likely to abate, leaving an equity with downside support in a sustainable 4.4% dividend yield, upside potential from revaluation closer to peer levels, and improved margins from a cost-cutting initiative."
For an analyst ratings summary and ratings history on SeaWorld Entertainment click here. For more ratings news on SeaWorld Entertainment click here.
Shares of SeaWorld Entertainment closed at $19.01 yesterday.
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