Topeka Capital Downgrades Regal Entertainment (RGC) to Hold
Get Alerts RGC Hot Sheet
Rating Summary:
5 Buy, 15 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Topeka Capital downgraded Regal Entertainment (NYSE: RGC) from Buy to Hold with a price target of $24 (unchanged).
Analyst David W. Miller said, "We are downgrading shares of RGC from 'Buy' to 'Hold' because the stock has essentially performed in line with the requirements for our 'Buy' rating - up 20.0% since upgrading this name back on May 15, and closing yesterday only 6.2% shy of our price target of $24. The performance easily eclipses that of the S&P 500, which is up +7.7% in that span of time. Our price target remains unchanged at $24.00."
For an analyst ratings summary and ratings history on Regal Entertainment click here. For more ratings news on Regal Entertainment click here.
Shares of Regal Entertainment closed at $22.60 yesterday.
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