JP Morgan Maintains Underweight on AMC Networks, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Alexia Quadrani maintains an Underweight rating on AMC Networks (NASDAQ:AMCX) and has lowered the price target from $18 to $12.
August 18, 2023 | 11:12 am
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JP Morgan has maintained an Underweight rating on AMC Networks and lowered the price target from $18 to $12.
The lowered price target by JP Morgan indicates a bearish outlook for AMC Networks. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100