Texas Capital raised the firm's price target on Six Flags to $33 from $28 and keeps a Buy rating on the shares. Six Flags is a beneficiary of consumers favoring lower-cost local entertainment over travel, with growth supported by strong season pass momentum, new regional offerings, higher per-guest spending from premium experiences and park upgrades, and continued portfolio optimization expected to create additional value despite softer attendance expectations, the analyst tells investors in a research note.
