Morgan Stanley Maintains Underweight on AMC Enter Hldgs, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained its Underweight rating on AMC Entertainment Holdings (NYSE:AMC) and lowered the price target from $11 to $10.
August 12, 2024 | 5:32 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Morgan Stanley has maintained its Underweight rating on AMC Entertainment Holdings and lowered the price target from $11 to $10.
The Underweight rating and lowered price target from a major financial institution like Morgan Stanley is likely to negatively impact investor sentiment and could lead to a short-term decline in AMC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100