AMC Entertainment price target lowered to $1.50 from $2 at Roth Capital

Roth Capital lowered the firm’s price target on AMC Entertainment (AMC) to $1.50 from $2 and keeps a Neutral rating on the shares. The firm remains cautious on shares after the company delivered stronger-than-expected Q4 results, driven by solid market share gains, noting that while the recent debt refinancings represent progress, it will likely take several years to meaningfully improve the capital structure, the analyst tells investors in a research note.