Goldman Sachs sees new highs for Cedar Fair

|About: Cedar Fair, L.P. (FUN)|By:, SA News Editor

Goldman Sachs initiates coverage on Cedar Fair (NYSE:FUN) with a Buy rating.

Analyst Christopher Prykull thinks undeveloped land near Cedar Fair's parks holds the potential for future free cash flow gains.

The investment firm assigns a price target of $81 to the theme park operator to rep 19% upside potential. The stock's all-time high is $69.81.