✉news CultureEntertainment first seen 3 d ago, last 3 d ago, peak #26
B. Riley Lifts AMC Price Target to $3.25
Original: B. Riley Raises Price Target on AMC Entertainment Holdings to $3.25 From $2.50, Keeps Neutral Rating
B. Riley raised its price target on AMC Entertainment Holdings to $3.25 from $2.50 while keeping a neutral rating on the movie theater chain's stock. The modest increase still signals caution, as a neutral rating suggests the firm sees the shares as fairly valued despite the higher target. AMC's stock has long been a favorite of retail investors, so analyst moves on the company tend to draw close attention.
Why now: AMC is a closely watched retail-trader stock and any analyst price target change draws investor interest.
AMC Entertainment HoldingsB. Riley
Evidence
- B. Riley Raises Price Target on AMC Entertainment Holdings to $3.25 From $2.50, Keeps Neutral Rating · www.marketscreener.com
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