Information Provided By: 
Fly News Breaks for February 26, 2018
CNK
Feb 26, 2018 | 08:56 EDT
RBC Capital analyst Leo Kulp raised his price target on Cinemark to $46, stating that while the stock had a year-to-date run-up of 21% on improving industry conditions, tax reform, and better Latin America screen guidance, there is "room to run" based on his strong Q2 box office outlook. Kulp keeps his Outperform rating longer-term, noting that the 2019 benefits of moderating capital expenditures and lower taxes are expected to drive higher capital returns.
News For CNK From the Last 2 Days
