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Benzinga
Benzinga
Business
Anusuya Lahiri

AMC Stock Just Got Upgrade — Could Premium Screens, Box Office Momentum Signal A Comeback?

AMC Alicia Reese SIGN Wedbush Entertainment European Union Imax
New,York,,Usa,-,September,14,,2023:,Amc,Sign,Near

AMC Entertainment (NYSE:AMC) stock surged on Friday after Wedbush analyst Alicia Reese upgraded it from Neutral to Outperform and raised its price forecast from $3 to $4.

Reese noted that AMC will benefit from a steadier film release schedule in the coming quarters, which should support consistent box office performance.

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