B. Riley Securities Maintains Neutral on Cinemark Hldgs, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Eric Wold maintains a Neutral rating on Cinemark Holdings (CNK) and raises the price target from $14 to $16.

May 03, 2024 | 5:13 pm
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B. Riley Securities maintains a Neutral rating on Cinemark Holdings but raises the price target from $14 to $16.
The increase in price target by B. Riley Securities suggests a positive outlook on Cinemark Holdings' valuation, potentially leading to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst sees limited upside beyond the new target, balancing the potential for significant price movement.
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