B. Riley Securities Maintains Neutral on AMC Enter Hldgs, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Eric Wold has maintained a Neutral rating on AMC Entertainment Holdings (NYSE:AMC) but has lowered the price target from $15 to $12.
January 02, 2024 | 4:19 pm
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B. Riley Securities analyst Eric Wold maintains a Neutral rating on AMC Entertainment Holdings but lowers the price target from $15 to $12.
The reduction in price target by B. Riley Securities could lead to a negative perception among investors, potentially causing a short-term decline in AMC's stock price. The Neutral rating suggests no significant change in the company's outlook, but the lowered price target indicates a less optimistic valuation by the analyst.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100