National CineMedia (NCMI) Misses Q2 EPS by 3c
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Wedbush Cuts Price Target on National CineMedia (NCMI) Following Guide Down
August 9, 2016 7:25 AM EDTWedbush maintained an Outperform rating on National CineMedia (NASDAQ: NCMI), and cut the price target to $17.50 (from $19.00), as shares pull back. Management lowered 2016 guide to $440-450m (prior: $463-473m) in revenue and $220-230m (prior: $238-248m) in adjusted OIBDA.
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