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Fly News Breaks for January 31, 2019
CNK
Jan 31, 2019 | 16:22 EDT
Loop Capital analyst Alan Gould started Cinemark with a Hold rating and $41 price target, noting that 2019 will have a very challenging comparison with 2018. He also notes that his revenue and earnings estimates for 2019 and 2020 are below consensus as Gould thinks the number of wide theatrical releases from the major studios will continue to decline.
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