B. Riley Securities Maintains Buy on Marcus, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Eric Wood has maintained a Buy rating on Marcus Corporation (NYSE:MCS) but has reduced the price target from $23 to $19.
January 02, 2024 | 4:16 pm
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NEGATIVE IMPACT
B. Riley Securities reaffirms a Buy rating on Marcus Corporation but decreases the price target from $23 to $19.
The reduction in the price target by B. Riley Securities could lead to a negative short-term impact on Marcus Corporation's stock price as it suggests a lower expected future value, despite maintaining a Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100