Morgan Stanley Maintains Overweight on Cinemark Hldgs, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne maintains an Overweight rating on Cinemark Hldgs (NYSE:CNK) and raises the price target from $22 to $24.
August 07, 2023 | 3:12 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Cinemark Hldgs and raises the price target from $22 to $24, indicating a positive outlook for the company.
The raised price target by Morgan Stanley indicates a positive outlook for Cinemark Hldgs. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100