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.
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: