Morgan Stanley Maintains Overweight on Cinemark Hldgs, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne maintains an Overweight rating on Cinemark Holdings (NYSE:CNK) and raises the price target from $26 to $29.
August 05, 2024 | 5:08 pm
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POSITIVE IMPACT
Morgan Stanley analyst Benjamin Swinburne maintains an Overweight rating on Cinemark Holdings (NYSE:CNK) and raises the price target from $26 to $29.
The Overweight rating and increased price target from a reputable analyst at Morgan Stanley is likely to boost investor confidence in Cinemark Holdings, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100