Why Six Flags Entertainment (SIX) Stock Is Up Today

NEW YORK (TheStreet) -- Shares of Six Flags Entertainment Corp. (SIX) are up 1.05% to $42.16 in early trading on Monday morning after analysts at Credit Suisse (CS) raised their price target on the stock to $49 from $47.

In addition, the world's largest regional theme park company announced today that it has entered into a strategic partnership with Riverside Investment Group Co., a real estate developer in China, to build multiple park locations in the region over the next decade.

Six Flags did not disclose terms of the deal.

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Separately, TheStreet Ratings team rates SIX FLAGS ENTERTAINMENT CORP as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate SIX FLAGS ENTERTAINMENT CORP (SIX) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, increase in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

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