Citi analyst Jason Bazinet lowered the firm’s price target on AMC Entertainment to $1.55 from $1.65 and keeps a Sell rating on the shares. The analyst updated the company’s model post the Q2 report. The firm believes AMC remains overvalued at current levels.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AMC: