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UBS Remains a Buy on Six Flags Entertainment Corporation (FUN)

Tipranks - Tipranks - Thu Feb 19, 6:12AM CST

In a report released today, Arpine Kocharyan from UBS maintained a Buy rating on Six Flags Entertainment Corporation, with a price target of $27.00.

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According to TipRanks, Kocharyan is a 3-star analyst with an average return of 2.3% and a 54.69% success rate. Kocharyan covers the Consumer Cyclical sector, focusing on stocks such as Mattel, Hasbro, and Callaway Golf.

In addition to UBS, Six Flags Entertainment Corporation also received a Buy from Guggenheim’s Curry Baker in a report issued yesterday. However, on February 5, Citi downgraded Six Flags Entertainment Corporation (NYSE: FUN) to a Hold.

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Based on Six Flags Entertainment Corporation’s latest earnings release for the quarter ending September 28, the company reported a quarterly revenue of $1.32 billion and a GAAP net loss of $1.19 billion. In comparison, last year the company earned a revenue of $1.35 billion and had a net profit of $135.47 million

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