Wells Fargo Maintains Overweight on Cinemark Hldgs, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Omar Mejias has maintained an Overweight rating on Cinemark Holdings (NYSE:CNK) and raised the price target from $31 to $35.
November 01, 2024 | 8:44 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on Cinemark Holdings and increased the price target from $31 to $35, indicating a positive outlook.
The increase in price target from $31 to $35 by Wells Fargo suggests a positive outlook for Cinemark Holdings. The Overweight rating indicates that the analyst expects the stock to outperform the market, which could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100