AMC Entertainment (NYSE:AMC) Stock Price Breaks Above 50 Day Moving Average - What's Next? - MarketBeat
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AMC Entertainment Holdings, Inc. (NYSE:AMC - Get Free Report)'s stock price passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $2.68 and traded as high as $3.01. AMC Entertainment shares last traded at $2.9650, with a volume of 14,189,441 shares trading hands. Get AMC Entertainment alerts:Wall Street Analysts Forecast GrowthParamount’s 30-Film Promise Puts AMC Back in the Box Office ConversationSeveral analysts recently issued reports on the stock. Zacks Research downgraded shares of AMC Entertainment from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 18th. Benchmark reiterated a "buy" rating and issued a $3.00 target price (up from $2.50) on shares of AMC Entertainment in a report on Tuesday, July 21st. UBS Group reissued a "buy" rating on shares of AMC Entertainment in a research report on Tuesday, July 21st. Needham & Company LLC set a $3.50 price target on shares of AMC Entertainment in a report on Tuesday, July 21st. Finally, B. Riley Financial reaffirmed a "neutral" rating and issued a $2.50 price target (up from $2.25) on shares of AMC Entertainment in a research report on Wednesday, July 22nd.
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