National CineMedia, Inc. (NCMI) Tops Q2 EPS by 1c, Q3 Revenue Falls Short

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Go back to National CineMedia, Inc. (NCMI) Tops Q2 EPS by 1c, Q3 Revenue Falls Short

Piper Jaffray Downgrades National CineMedia (NCMI) to Neutral

August 6, 2014 7:59 AM EDT

Piper Jaffray downgraded National CineMedia (NASDAQ: NCMI) from Overweight to Neutral with a price target of $18.00 (from $22.00).

Analyst James Marsh comments, "We are downgrading NCMI shares to Neutral from OW based on soft operating performance. Last quarter we gave NCMI a pass on... More