Stifel downgraded United Parks & Resorts to Hold from Buy with a price target of $40, down from $43. While the firm ultimately believes in the quality of the company's assets, with one shareholder - Hill Path -controlling about 70% of the shares, the firm believes "the story isn't about operational improvement/quality (or even demand/pricing) but more so about what that shareholder will do (or not do) to drive share performance," the analyst tells investors.
