Goldman Sachs Starts Cedar Fair (FUN) at Buy

May 28, 2020 6:40 AM EDT
Get Alerts FUN Hot Sheet
Price: $16.68 +1.46%

Rating Summary:
    15 Buy, 12 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 19 | Down: 16 | New: 9
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Goldman Sachs analyst Stephen Grambling initiates coverage on Cedar Fair (NYSE: FUN) with a Buy rating and a price target of $43.00.

  • Best positioned for reopenings at a discounted valuation
  • "Least amount of operating deleverage limits downside risk to earnings, while a stable management team and strategy, along with a well positioned park portfolio, offers a solid setup as the industry reopens."

For an analyst ratings summary and ratings history on Cedar Fair click here. For more ratings news on Cedar Fair click here.

Shares of Cedar Fair closed at $33.29 yesterday.



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