Fly News Breaks for February 22, 2019
Feb 22, 2019 | 08:01 EDT
Benchmark analyst Mike Hickey raised his price target on Marcus shares to $45 after the company reported what he called a "strong" Q4 performance. He noted Marcus should have near-term performance challenges from the extreme weather conditions over the mid-west and the "less desirable" film slate in the first quarter, but he believes that the company's Movie Tavern acquisition should drive growth. Hickey keeps a Buy rating on Marcus shares.
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