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Fly News Breaks for May 8, 2018
AMC
May 8, 2018 | 08:23 EDT
B. Riley FBR analyst Eric Wold raised his price target for AMC Entertainment to $29 from $27.50 after the company's Q1 results exceeded his expectations. The analyst is "increasingly optimistic" on the positioning of both the AMC domestic and European circuits heading into the summer and holiday 2018 periods. He's also positive on the "successful" turnaround of the acquired Carmike circuit as well as various ticket pricing strategies that he believes could have a positive impact on both attendance and overall profitability trends. AMC remains Wold's favorite exhibitor name in this box office environment. He keeps an Buy rating on the shares.
News For AMC From the Last 2 Days
AMC
Apr 17, 2024 | 09:41 EDT
Unusual total active option classes on open include: Steel Dynamics (STLD), Gildan Activewear (GIL), Danaher (DHR), Altimeter Growth (GRAB), Childrens Place (PLCE), ASML (ASML), US Bancorp (USB), iShares Barclays 7 to 10 Year Treasury Bond Fund (IEF), AMC Entertainment (AMC), and Abbott (ABT).