
Shares of entertainment company United Parks & Resorts PRKS.N rise 1% to $50 after brokerage firms hike price target
Co on Monday posted a narrower Q1 loss from a year ago
Guggenheim says co likely to benefit from a number of new rides this year; 2025 booking trends for Discovery Cove, group bookings and international ticket sales are all tracking ahead of 2024 levels
Truist adds Q2 park capacity running higher than year ago period leading to co not witnessing any change in bookings
Based on advance ticket sales, season sales, and international bookings, it really doesn't seem like demand is going to slow anytime soon - Stifel
Five of 13 brokerages rate the stock "buy" or higher, 7 "hold" and 1 "sell"; their median PT is $52- LSEG data
Including session moves shares are down 11.8% YTD
Brokerage | New PT | Old PT | Upside from the last close |
Truist Securities | $58 | $52 | 17.5% |
Morgan Stanley | $52 | $50 | 5.4% |
Guggenheim | $74 | $72 | 50% |
Stifel | $65 | $60 | 31.7% |