Goldman Sachs Maintains Sell on Cinemark Hldgs, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mike Burton maintains a Sell rating on Cinemark Holdings (NYSE:CNK) but raises the price target from $16 to $20.
September 19, 2024 | 5:01 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Sell rating on Cinemark Holdings but raises the price target from $16 to $20, indicating a slightly more optimistic outlook despite the negative rating.
The Sell rating suggests a negative outlook, but the increased price target indicates some positive factors. This mixed message may lead to neutral short-term price movement as investors weigh the implications.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100