Wedbush Maintains Outperform on Cinemark Hldgs, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Michael Pachter maintains an Outperform rating on Cinemark Holdings (NYSE:CNK) and raises the price target from $31 to $32.
October 29, 2024 | 5:23 pm
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Wedbush analyst Michael Pachter has maintained an Outperform rating on Cinemark Holdings and increased the price target from $31 to $32, indicating a positive outlook.
The increase in price target from $31 to $32 by Wedbush, along with maintaining an Outperform rating, suggests a positive sentiment towards Cinemark Holdings. This could lead to a short-term increase in stock price as investors react to the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100