Barclays Upgrades AMC Networks (AMCX) to Overweight, Raises Target to $48

July 12, 2012 8:24 AM EDT Send to a Friend
Get Alerts AMCX Hot Sheet
Price: $67.47 -0.37%

Rating Summary:
    9 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 27 | New: 13
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Investors in AMC Networks (NASDAQ: AMCX) are responding to an earlier upgrade from an analyst at Barclays. The firm now rates the stock an Overweight, up from Equalweight previously. The price target was raised from $42 to $48.

With AMC shares last trading at $41, Barclays' new price target represents potential upside of about 17 percent.

For an analyst ratings summary and ratings history on AMC Networks click here. For more ratings news on AMC Networks click here.


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