AMC Networks (AMCX) Tops Q4 EPS by 3c
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AMC Networks (AMCX) PT Raised to $70 at Guggenheim Following 4Q Revenue Beat, Positive Content Strategy
February 24, 2017 6:53 AM ESTGuggenheim analyst Michael Morris reiterates Buy rating and raises price target on AMC Networks Inc. (NASDAQ: AMCX) to $70 (from $66), noting the expanded content slate is a clear priority, as the company reported 2016 fourth quarter revenues ahead of estimates, driven by distribution and advertising.
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AMC Networks (AMCX) PT Raised to $65 at Instinet; Following 4Q EPS Beat; Positive on Ads, Affiliate Growth and Margins
February 24, 2017 6:24 AM ESTInstinet Equity Research analyst Anthony DiClemente reiterates Buy rating and raises price target on AMC Networks Inc. (NASDAQ: AMCX) to $65 (from $63), noting estimates remain stable given steady margins and modest accelerating affiliate growth, as the company reported 2016 fourth quarter EPS above consensus.
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