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AMC Entertainment stock fell 5% After yesterday's surge

Tiger Newspress2021-04-06

AMC Entertainment stock fell 5% After yesterday's surge.The shares surged 13% yesterday on B. Riley analyst raised his rating to buy from neutral, and boosted his price target.

B. Riley analyst Eric Wold said it's time to buy, citing an improving balance sheet outlook and as a strong opening weekend for 'Godzilla vs. Kong' pointed to a resurgence in demand.

Wold raised his rating to buy from neutral, and boosted his price target to $13, which is 39% above Thursday's closing price, from $7.

"We have remained impressed with management's ability to weather the pandemic headwinds by both strengthening the balance sheet and negotiating with landlords to improve the cash runway into 2022," Wold wrote in a note to clients. "And as the largest exhibitor in North America that also operates the highest number of IMAX screens, we view AMC as well positioned to benefit from the industry's projected resurgence and return to pre-pandemic attendance levels by 2023."

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评论84

  • Ovaline
    ·2021-04-08
    Hold to the moon!
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  • Ovaline
    ·2021-04-08
    Bought more when dip! By end of May will Zoom!
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  • mcwood
    ·2021-04-07
    [得意] 
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  • Mochizuki
    ·2021-04-07
    The problem with chasing bulls is the risk of getting bullsh*t all over yourself.
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  • ckh002
    ·2021-04-07
    Sure or not. AMC last reached $7 was on 24/2/21.  Is the news outdated or 马后炮?
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  • Never ever f
    ·2021-04-07
    [惊吓] Timely 
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    收起
    • lawgbk
      sigh...hope it rebounce back...
      appreciate comment on this
      2021-04-07
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  • duhduhduh
    ·2021-04-07
    Great
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  • JerSoh
    ·2021-04-07
    To the moon
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    收起
    • 37df2d81
      to the stars
      2021-04-07
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    • JerSoh
      🌜
      2021-04-07
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    • 37df2d81
      🌟
      2021-04-07
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    查看更多 2 条评论
  • TC88
    ·2021-04-07
    Like and comment pls
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    收起
    • Teslawonder
      pls comment like amc post
      2021-04-07
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    • TC88
      ok
      2021-04-08
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  • YK_
    ·2021-04-07
    Time to go in...
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  • kevinlaisq
    ·2021-04-07
    Please comment and like
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    收起
    • TC88
      like n reply comment pls
      2021-04-07
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    • Teslawonder
      pls comment like my amc post
      2021-04-07
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  • sleepy90
    ·2021-04-07
    Like and comment pls! Thanks!!
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    • Teslawonder
      [喷血]

      pls comment like my amc post

      2021-04-07
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  • Ces95
    ·2021-04-07
    [生气] 
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    收起
    • sleepy90
      Comment
      2021-04-07
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  • CookieLegend
    ·2021-04-07
    Comment and like!
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  • Yanski
    ·2021-04-07
    [流泪] 
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  • MoneyCum
    ·2021-04-07
    Comment n like
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    收起
  • Foured
    ·2021-04-07
    People gonna watch movie after COVID.Do like and comment! Thanks !
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    收起
    • Foured
      Gogogo
      2021-04-07
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  • Alvintwh
    ·2021-04-07
    Like
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  • Andaroo
    ·2021-04-07
    Apes strong together! Diamond hands.
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  • stormlee
    ·2021-04-07
    Comment n like
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    收起
    • MoneyCum
      Yeah.
      2021-04-07
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    • stormlee
      TQ
      2021-04-07
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