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Fly News Breaks for August 7, 2017
AMC
Aug 7, 2017 | 09:16 EDT
After AMC issued a disappointing preannouncement, MKM Partners analyst Eric Handler blames the miss on Carmike weakness. However, the analyst says that AMC should be boosted over the longer term by "newly instituted cost cuts, ongoing renovation efforts and non-strategic asset sales." He keeps a $28 price target and Buy rating.