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Fly News Breaks for May 8, 2017
NCMI
May 8, 2017 | 07:30 EDT
Benchmark analyst Mike Hickey believes shares of National CineMedia have been oversold after the company lowered 2017 guidance and would be a buyer on amid the weakness. He lowered his price target on the stock to $11.91 from $16.97 but keeps a Buy rating, as he believes the AMC overhang is temporary and the company's dividend is safe.
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