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Stock Market & Financial Investment News

News Breaks
February 27, 2013
07:58 EDTFUNCedar Fair increases quarterly dividend by more than 50% to 62.5c
The dividend is payable on March 25 to unitholders of record as of March 15.
News For FUN From The Last 14 Days
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April 29, 2015
07:57 EDTFUNCedar Fair raises adjusted EBITDA target to $500M by 2018
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07:54 EDTFUNCedar Fair reports Q1 EPS ($1.50), consensus ($1.28)
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April 27, 2015
05:52 EDTFUNCedar Fair price target raised to $65 from $59 at Goldman
Goldman Sachs raised its price target for Cedar Fair (FUN) shares to $65 saying easy comps in Q2 and Q3 as well as lower gas prices in North America should drive shares higher in 2015. Goldman expects the stock's valuation gap versus peer Six Flags (SIX) to narrow. Within the Amusement Parks space, Goldman today also upgraded SeaWorld (SEAS) to Buy and downgraded shares of Six Flags to Neutral.
05:45 EDTFUNSeaWorld upgraded to Buy from Neutral at Goldman
Goldman Sachs upgraded SeaWorld (SEAS) to Buy from Neutral saying it expects the company's brand to turn around under new CEO Joel Manby. Goldman thinks SeaWorld's trends are becoming less negative and raised its price target for shares to $26 from $18. The firm coupled the upgrade with a downgrade of Six Flags (SIX) to Neutral from Buy. It keeps a Buy rating on Cedar Fair (FUN). Shares of SeaWorld closed Friday up 35c to $21.49 and are down 28% over the past year. Goldman keeps an Attractive sector view on Amusement Parks.

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