Six Flags Entertainment price target raised to $57 from $53 at Citi

Citi raised the firm’s price target on Six Flags Entertainment (FUN) to $57 from $53 and keeps a Buy rating on the shares after conducting a consumer survey in an effort to gauge demand for the company’s All-Park Passport, the new pass that grants access to its merged expanded footprint of 42 total parks. Interest in the All-Park Passport was high among all segments of survey respondents, the analyst tells investors in a research note. Citi says this is a “clear example of just one of the benefits of combining the nation’s two largest regional theme park chains.”