B. Riley Securities Upgrades Cinemark Hldgs to Buy, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has upgraded Cinemark Holdings (NYSE:CNK) from Neutral to Buy and raised the price target from $16 to $27.
July 08, 2024 | 9:46 am
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B. Riley Securities has upgraded Cinemark Holdings from Neutral to Buy and increased the price target from $16 to $27, indicating a positive outlook for the stock.
The upgrade from Neutral to Buy and the significant increase in the price target from $16 to $27 by B. Riley Securities suggests a strong positive outlook for Cinemark Holdings. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100