B. Riley raised the agency’s price target on AMC Leisure (AMC) to $2 from $1.50 and retains a Impartial score on the shares. Business field workplace income rose 22% 12 months over 12 months within the interval, outperforming expectations and pushed by robust releases in March, notably Challenge Hail Mary, alongside stable contributions from Scream 7 and Hoppers, the analyst tells buyers in a analysis word. Waiting for Q2, field workplace is anticipated to develop barely, with beneficial properties in June offset by weaker April and Could comparisons and combined revisions to key movie assumptions, the agency says.
Revealed first on TheFly – the last word supply for real-time, market-moving breaking monetary information. Try Now>>
See today’s best-performing stocks on TipRanks >>
Learn Extra on AMC: