Wells Fargo Maintains Equal-Weight on Cinemark Hldgs, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Benjamin Swinburne has maintained an Equal-Weight rating on Cinemark Hldgs (NYSE:CNK) but lowered the price target from $18 to $16.
October 24, 2023 | 2:58 pm
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Wells Fargo has maintained an Equal-Weight rating on Cinemark Hldgs but lowered the price target from $18 to $16.
The lowering of the price target by Wells Fargo indicates a less optimistic outlook for Cinemark Hldgs, which could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100