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AMC Stock To 'Remain Volatile' After Q2 Results: Analysts Praise Market Share Gains, Caution On Balance Sheet

Benzinga ·  Aug 5 11:50

Movie theater companyAMC Entertainment Holdings(NYSE:AMC) is drawing praise from analysts for market share gains and a strong end to the second quarter, but balance sheet concerns remain after reporting quarterly results.

The AMC Analysts:

  • Wedbush analyst Alicia Reese maintains a Neutral rating and $4 price target.
  • Benchmark analyst Mike Hickey maintains a Market Weight rating and has no price target.

Wedbush on AMC:The movie theater company could see market share gains in a rebounding market, Reese said in a new investor note.

The analyst said a large network of premium screens and concert movie distribution deals could...

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