UPDATE - Piper Jaffray Upgraded Regal Entertainment (RGC) to Overweight; Reversal in Box Office Traffic

February 14, 2012 2:52 PM EST
Get Alerts RGC Hot Sheet
Price: $5.30 -2.57%

Rating Summary:
    5 Buy, 15 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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UPDATE - Piper Jaffray upgraded Regal Entertainment (NYSE: RGC) from Neutral to Overweight, price target raised $1 to $16.

On Jan.3, 2012, Piper downgraded RGC from Buy to Neutral, but has now moved back up...since seeing a turnaround at the box office (cities 21% increase in attendance). The analyst also considers 'Hunger Games' an upcoming release, as a catalyst for Q1.

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