Cedar Fair (FUN +5.5%) pops after KeyBank analysts say shares look like a Buy after meeting with...


Cedar Fair (FUN +5.5%) pops after KeyBank analysts say shares look like a Buy after meeting with incoming CEO Matt Ouimet. They set a price target of $25, noting they like the firm's strong management and see more families turning towards lower-end vacation destinations due to a weak economy.

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  • deercreekvols
    , contributor
    Comments (9616) | Send Message
     
    KeyBank has analysts? Further proof that analysts have way too much power to move stock prices, both up and down. "Shares look like a buy", not a really strong endorsement in my opinion.
    Their analysis goes against the report that stated the larger parks, Disney and Six-Flags enjoyed solid summer attendance. This attendance took place during a weak economy too.
    Not sure I am ready to buy on KeyBank report, that is fore sure.
    31 Aug 2011, 03:11 PM Reply Like
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