SIX - Theme park stocks viewed favorably by Goldman Sachs ahead of slow season

October, 02 2020 08:46 AM Six Flags Entertainment Corporation

Six Flags Entertainment (SIX) is on watch after Goldman Sachs moves to a Neutral rating on the theme park operator after having it slotted at Sell.Analyst Stephen Grambling forecasts more limited downside for SIX and sees some positive catalysts ahead, including broad COVID testing capabilities. Also within the sector, Cedar Fair (FUN) is reiterated with a Buy rating on the expectation for a "rapid" recovery.The overall stance is that the worst is over heading into the slower fall and winters seasons. Shares of Six Flags are down 2.71% and Cedar Fair is off 0.68% amid broad market weakness following President Trump's announcement of a positive COVID test.Compare theme park stocks side by side

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Theme park stocks viewed favorably by Goldman Sachs ahead of slow season

Company Name:	Six Flags Entertainment Corporation
Stock Symbol:	SIX
Market:	NYSE
Website:	investors.sixflags.com

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