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Fly News Breaks for February 28, 2018
HMNY, HMNY
Feb 28, 2018 | 04:55 EDT
Maxim analyst Brian Kinstlinger lowered his price target on Helios and Matheson to $16, citing dilution from the company's recent equity offering, though he also sees it as a long term positive allowing the company to fund subscriber growth. The analyst also points to higher average ticket price paid by MoviePass while forecasting the related subscriber count to reach 4M by Q3-end from over 2M present. Kinstlinger keeps his Buy rating on Helios and Matheson.
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