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Analysts Offer Insights on Services Companies: Cedar Fair (FUN) and Medifast (MED)

Analysts fell to the sidelines weighing in on Cedar Fair (FUNResearch Report) and Medifast (MEDResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Cedar Fair (FUN)

In a report released today, Barton Crockett from Rosenblatt Securities maintained a Hold rating on Cedar Fair, with a price target of $45.00. The company’s shares closed last Tuesday at $44.85.

According to TipRanks.com, Crockett is a 4-star analyst with an average return of 3.7% and a 52.6% success rate. Crockett covers the Services sector, focusing on stocks such as Lions Gate Entertainment Class B, Paramount Global Class B, and Charter Communications.

Cedar Fair has an analyst consensus of Moderate Buy, with a price target consensus of $53.43, representing a 19.1% upside. In a report issued on February 17, Credit Suisse also maintained a Hold rating on the stock with a $46.00 price target.

See the top stocks recommended by analysts >>

Medifast (MED)

D.A. Davidson analyst Linda Bolton Weiser maintained a Hold rating on Medifast today and set a price target of $94.00. The company’s shares closed last Tuesday at $105.44, close to its 52-week low of $96.00.

According to TipRanks.com, Weiser is a 4-star analyst with an average return of 3.0% and a 49.5% success rate. Weiser covers the Consumer Goods sector, focusing on stocks such as The Estée Lauder Companies, Helen Of Troy, and Inter Parfums.

Medifast has an analyst consensus of Hold, with a price target consensus of $94.00.

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