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Fly News Breaks for November 22, 2019
Nov 22, 2019 | 04:46 EDT
B. Riley FBR analyst Eric Wold downgraded Cinemark to Neutral from Buy with a price target of $37, down from $46.50. Consecutive annual box office declines could pressure valuations of the theater companies into mid-2020, Wold tells investors in a research note.
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