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Fly News Breaks for February 22, 2019
CNK
Feb 22, 2019 | 14:04 EDT
Imperial Capital analyst David Miller maintained an Outperform rating and $47 price target on Cinemark, noting that the company reported Q4 results that "beat on all relevant metrics," as well as an increased dividend. However, the analyst did lower his FY19 EPS estimate due to "the effects of the U.S. box office in the current quarter, which is currently pacing down 25.2% yoy on a very tough comparison."
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