Wells Fargo Maintains Overweight on Cinemark Hldgs, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Omar Mejias maintains an Overweight rating on Cinemark Holdings (NYSE:CNK) and raises the price target from $28 to $31.
October 10, 2024 | 3:26 pm
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POSITIVE IMPACT
Wells Fargo has reaffirmed its Overweight rating on Cinemark Holdings and increased the price target from $28 to $31, indicating a positive outlook.
The increase in price target from $28 to $31 by Wells Fargo suggests a positive outlook for Cinemark Holdings, likely boosting investor confidence and potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100