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Latest FUN News From Around the Web
Below are the latest news stories about Cedar Fair L P that investors may wish to consider to help them evaluate FUN as an investment opportunity.
Cedar Fair isn't anywhere near back to normal, but there's finally a light starting to shine at the end of the tunnel here.
The following slide deck was published by Cedar Fair, L.P. in conjunction with this event....
The strategy team at investment bank Goldman Sachs has reversed its bearish position on the market’s long-term outlook, and released a new statement. Writing for the team, strategist David Kostin pushes up his predicted support level for the S&P 500 to 2,750, 14% higher than his previous estimates.In a bullish coda, an optimistic counterpoint to the low-end call, Kostin’s team says the index may rally as high has 3,200 in 2H20. This would put the index just 5.4% below its all-time high, reached back in February just before the general market collapse. “The powerful rebound means our previous three-month target of 2,400 is unlikely to be realized. Monetary and fiscal policy support limit likely downside to roughly 10%,” Kostin noted. Goldman’s forecast fits well with the positive mood am...
Cedar Fair (FUN) is profiled in a Wall Street Journal article on the devastating impact of COVID-19 on the theme park industry. "There's no middle ground. We’re not a restaurant that can still do carryout. We went from being open to 100% shuttered," notes Cedar Fair CFO Brian Witherow. In...
Cedar Fair to Participate June 2nd in the Goldman Sachs 2020 Travel and Leisure Conference, Audio Webcast Available
SANDUSKY, Ohio--(BUSINESS WIRE)--CEDAR FAIR TO PARTICIPATE JUNE 2ND IN THE GOLDMAN SACHS 2020 TRAVEL AND LEISURE CONFERENCE, AUDIO WEBCAST AVAILABLE
Cedar Fair Expands Its Suite of Mobile Apps to Promote a Healthy, Smart and Fun-Filled Guest Experience When Parks Reopen
SANDUSKY, Ohio--(BUSINESS WIRE)--Cedar Fair Expands Its Suite of Mobile Apps to Promote a Healthy, Smart and Fun-Filled Guest Experience When Parks Reopen
From shutdowns to reopenings and everything in between, the past few months have been a roller coaster for the nation and the stock market. The question is whether people will want to ride the real thing.
Cedar Fair (NYSE: FUN) could be the most attractive stock for investors looking to bet on a rebound in the battered theme park industry niche. Goldman Sachs analyst Stephen Grambling started coverage on the sector by singling out the regional park specialist with a buy rating and a $43 price target, equating to a 30% return from current levels.
Disney, Universal, SeaWorld, Six Flags, Cedar Fair, Legoland and regional U.S. theme parks are expected to operate with social distancing-friendly attendance caps in place once they reopen followin…
Optimism for a COVID-19 vaccine helps, but early outcomes of reopening efforts by Disney and Universal may matter a lot more.