UPDATE: Stifel Upgrades AMC Networks (AMCX) to Buy

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Go back to UPDATE: Stifel Upgrades AMC Networks (AMCX) to Buy

AMC Networks (AMCX) PT Raised to $70 at Guggenheim Following 4Q Revenue Beat, Positive Content Strategy

February 24, 2017 6:53 AM EST

Guggenheim 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.

Morris... More

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 EST

Instinet 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.

DiClemente... More