National CineMedia price target raised to $6 from $5 at Benchmark

Benchmark analyst Mike Hickey raised the firm’s price target on National CineMedia to $6 from $5 and keeps a Speculative Buy rating on the shares after meeting with the executive team during the firm’s 10th annual conference in NYC. Following the meetings, the firm’s assessment “remains bullish” on National CineMedia’s growth trajectory, especially considering its “remarkable recovery from a challenging administrative phase,” the analyst tells investors.