AMC Entertainment stock bounces 7% after B. Riley analyst turns bullish

Tiger Newspress2021-04-05

Shares of AMC Entertainment Holdings Inc. rallied 7% Monday, after 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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Comments

XiaTian
2021-04-06
XiaTian
加油?
- XiaTian:
  Looking forward moving up more ...[微笑]
yapyap168
2021-04-06
yapyap168
Nice buy buy and ?
mcwood
2021-04-06
mcwood
[得意]
jamjam
2021-04-06
jamjam
Looking good. Please like and commnet my comment
- HiddenDragon:
  great
Bibop
2021-04-06
Bibop
No more lock down pls
- jamjam:
  yes
kenong62
2021-04-06
kenong62
Stay cautiousThird wave might lockdown everything again
- jamjam:
  no way....

Leave a comment

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Please like and commnet my comment&nbsp;","listText":"Looking good. Please like and commnet my comment&nbsp;","text":"Looking good. Please like and commnet my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/343364113","repostId":1189692752,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3968459,"gmtCreate":1617684414441,"gmtModify":1680783026159,"authorId":3576136587240958,"author":{"id":3576136587240958,"idStr":"3576136587240958","authorId":3576136587240958,"name":"HiddenDragon","avatar":"https://static.tigerbbs.com/041eb19e38ad8e9d74b41569dcdfd51d","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343364113,"type":1,"supId":0,"prevId":0,"content":"<u>great</u>","text":"<u>great</u>","html":"<u>great</u>"}],"langContent":"EN"},{"id":343335467,"gmtCreate":1617675690759,"gmtModify":1704701660873,"author":{"id":"3574823733614024","authorId":"3574823733614024","name":"Bibop","avatar":"https://static.tigerbbs.com/5c9cf1e4cff885e3bf9913697004534b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574823733614024","authorIdStr":"3574823733614024"},"htmlText":"No more lock down pls","listText":"No more lock down pls","text":"No more lock down pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/343335467","repostId":1189692752,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3967939,"gmtCreate":1617678786313,"gmtModify":1680783019416,"authorId":3559204036277229,"author":{"id":3559204036277229,"idStr":"3559204036277229","authorId":3559204036277229,"name":"jamjam","avatar":"https://static.tigerbbs.com/6542201483b33e63d9036c1e565275b2","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343335467,"type":1,"supId":0,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"}],"langContent":"EN"},{"id":343978043,"gmtCreate":1617672709982,"gmtModify":1704701614402,"author":{"id":"3574928367638029","authorId":"3574928367638029","name":"kenong62","avatar":"https://static.tigerbbs.com/37fd00bd8cea11b8aa1aed6d9ddd9413","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574928367638029","authorIdStr":"3574928367638029"},"htmlText":"Stay cautiousThird wave might lockdown everything again","listText":"Stay cautiousThird wave might lockdown everything again","text":"Stay cautiousThird wave might lockdown everything again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/343978043","repostId":1189692752,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3967942,"gmtCreate":1617678798224,"gmtModify":1680783018361,"authorId":3559204036277229,"author":{"id":3559204036277229,"idStr":"3559204036277229","authorId":3559204036277229,"name":"jamjam","avatar":"https://static.tigerbbs.com/6542201483b33e63d9036c1e565275b2","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343978043,"type":1,"supId":0,"prevId":0,"content":"no way....","text":"no way....","html":"no way...."}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":71,"commentSize":49,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1189692752"}