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Fly News Breaks for December 28, 2016
CKEC, NCMI
Dec 28, 2016 | 08:02 EDT
After reviewing AMC's (AMC) settlement with the DOJ regarding its merger with Carmike (CKEC), Wedbush analyst James Dix says that the deal "should have a minor impact on National CineMedia's operating metrics." Dix thinks that National CineMedia's valuation will be attractive in the wake of the settlement, and he keeps a $17.50 price target and an Outperform rating on the stock.
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