Wells Fargo Downgrades Cinemark Holdings (CNK) to Underweight, 'Negative on Box Office Outlook'
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Cinemark Holdings (CNK) shares dip after Wells Fargo downgrade
December 20, 2023 1:56 PM ESTCinemark Holdings (NYSE: CNK) shares dipped Wednesday, currently down around 2.8% at $14.51 per share, after Wells Fargo cut its rating for the stock to Underweight from Equal-Weight, lowering the price target to $13 from $16 per share.
Analyst Omar Mejias said the bank is... More
