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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90