UPDATE: Goldman Sachs Initiates SeaWorld on Industry Dynamics

In a report published on Wednesday, Goldman Sachs analyst Afua Ahwoi initiated on SeaWorld SEAS with a Neutral Rating and a price target of $37. In the report, Goldman Sachs noted, "In addition to the favorable trends in the broader US amusement parks sector, we also expect SEAS margins to benefit from operating leverage and a focus on cost controls. SEAS should also generate strong free cash flow, which could potentially go toward higher dividends and buybacks." SeaWorld closed on Tuesday at $37.71.
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Posted In: Analyst ColorInitiationAnalyst RatingsAfua AhwoiGoldman SachsNYSESeaWorld
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