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Why United Parks & Resorts (PRKS) Stock Is Trading Lower Today

Stock Story ·
Stock Story reports: What Happened? Shares of theme park operator United Parks & Resorts fell 2.6% in the afternoon session after Citi analyst James Hardiman lowered the firm's price target on the company to $34. According to StreetInsider, Hardiman lowered the price target to $34 from $49. The item is a target cut, and the write-up does not show a change in rating. The new target is $15 below his prior one, a drop of about 31%, and it sits at the low end of recent published forecasts for…