B. Riley Securities Upgrades National CineMedia to Buy, Raises Price Target to $6.75
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Eric Wold upgraded National CineMedia (NCMI) from Neutral to Buy and increased the price target from $4.5 to $6.75.
March 19, 2024 | 9:48 am
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National CineMedia's stock rating was upgraded from Neutral to Buy by B. Riley Securities, with a price target increase from $4.5 to $6.75.
The upgrade from Neutral to Buy by a reputable analyst, along with a significant increase in the price target, suggests a strong bullish outlook for National CineMedia. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100