Wells Fargo Maintains Underweight on AMC Networks, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Steven Cahall maintains an Underweight rating on AMC Networks (NASDAQ:AMCX) and lowers the price target from $11 to $8.
August 12, 2024 | 5:38 pm
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Wells Fargo analyst Steven Cahall maintains an Underweight rating on AMC Networks and lowers the price target from $11 to $8.
The lowered price target and maintained Underweight rating by a major analyst like Steven Cahall from Wells Fargo is likely to negatively impact investor sentiment and the short-term stock price of AMC Networks.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100