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Fly News Breaks for July 11, 2018
AMC
Jul 11, 2018 | 04:58 EDT
Imperial Capital analyst David Miller started AMC Entertainment with an Outperform rating and $23 price target. The company has "finally hit an inflection point" where scale is going to drive a decrease in film rents and increase adjusted EBITDA margins, Miller tells investors in a research note. The analyst also views CEO Adam Aron's company-wide cost savings initiatives as positive.
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