AMC Entertainment (AMC): Cutting Price Target to $30 - Citi

Citi analyst, Jason Bazinet, reiterated his Buy rating on shares of AMC Entertainment (NYSE: AMC) but cut his price target to $30 from $35 for 5 reasons:

1) Weak U.S. Box

2) Premium VOD concerns

3) Dalian Wanda restrictions

4) Leverage fears

5) Lower international premium

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

Shares of AMC Entertainment closed at $19.85 yesterday.

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