Macquarie Maintains Outperform on Cinemark Hldgs, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Chad Beynon maintains an Outperform rating on Cinemark Holdings (NYSE:CNK) and raises the price target from $32 to $34.
November 01, 2024 | 3:04 pm
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Macquarie analyst Chad Beynon has maintained an Outperform rating on Cinemark Holdings and increased the price target from $32 to $34, indicating a positive outlook.
The increase in price target from $32 to $34 by Macquarie suggests a positive outlook for Cinemark Holdings. The Outperform rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100