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Analysts weigh in on AMC Entertainment

Published 11/07/2017, 08:40 AM
© Reuters.  Analysts weigh in on AMC Entertainment
AMC
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  • AMC Entertainment (NYSE:AMC) is down 2.46% in premarket trading after posting Q3 results. Analysts are out with their post-earnings tweaks on the exhibitor stock.
  • B. Riley analyst Eric Wold sticks with a Buy rating on AMC, while trimming the price target to $30.
  • "While the weak box office environment masked the improvements being made across the various circuits, we continue to believe the re-seat and enhanced F&B strategy is helping to position AMC for stronger results in 2018," writes Wold.
  • William Blair says a weak slate of family-oriented films is hurting AMC. The firm keeps a Market Perform rating on AMC.
  • Sources: Marketwatch.com, Bloomberg
  • Previously: AMC Entertainment beats by $0.03, beats on revenue (Nov. 6)
  • Previously: Post-earnings slip for AMC Entertainment (Nov. 6)
  • Now read: Dean Foods missed the estimates


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