SIX - Theme park stocks viewed favorably by B. Riley in post-pandemic look

B. Riley Securities picks up analysis on the theme park sector again following the recent vaccine news from Pfizer and Moderna. "As a part of our positive thesis, we continue to emphasize that investors need to focus on underlying demand trends and the potential return to attendance normalcy in the coming years vs. any short-term operating results or park reopening headlines," updates analyst Eric Wold. "We are now taking our positive thesis on the group up a notch by shifting our valuation analysis to potential trends beyond our published 2022 estimates to give a better sense, we believe, of where the stocks can go as broader investor optimism develops. Given the positive attendance and season pass demand trends that the regional theme parks experienced under the limited capacity restrictions coupled with our belief that any recently-implemented operating cost efficiencies and technology benefits are more than only short-term tailwinds, we are

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Theme park stocks viewed favorably by B. Riley in post-pandemic look