B. Riley Securities Upgrades Cinemark Hldgs to Buy, Raises Price Target to $23
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities has upgraded Cinemark Hldgs (NYSE:CNK) from Neutral to Buy and raised the price target from $20 to $23.
July 12, 2023 | 9:27 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cinemark Hldgs has been upgraded from Neutral to Buy by B. Riley Securities, with a raised price target from $20 to $23.
The upgrade from Neutral to Buy indicates a positive outlook for Cinemark Hldgs by B. Riley Securities. The raised price target from $20 to $23 suggests that the analyst believes the stock has potential for growth in the short term. This could lead to increased investor interest and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100