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Fly News Breaks for March 19, 2019
MGM.B, MGMB
Mar 19, 2019 | 05:03 EDT
Imperial Capital analyst David Miller lowered his price target for MGM Holdings to $102 from $107 after taking a closer look at the company's film slate for the balance of 2019 and into 2020. The analyst says he was likely too aggressive for film line revenue and cash flow for 2019, though too conservative for those same estimates for 2020. He maintains an Outperform rating on MGM Holdings.
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