Gabelli Upgrades AMC Networks (AMCX) to Buy
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Price: $9.98 -0.7%
Rating Summary:
11 Buy, 14 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 18 | Down: 20 | New: 39
Rating Summary:
11 Buy, 14 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 18 | Down: 20 | New: 39
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Gabelli upgraded AMC Networks (NASDAQ: AMCX) from Hold to Buy.
Analyst Brett Harriss comments "AMC remains an excellent company with opportunities to leverage its recent programming momentum into increased advertising and affiliate fees. At 6.9x EBITDA, we believe there to be a sufficient margin of safety to justify adding to a position at current prices."
For an analyst ratings summary and ratings history on AMC Networks click here. For more ratings news on AMC Networks click here.
Shares of AMC Networks closed at $57.51 yesterday.
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