Morgan Stanley raised the firm’s price target on AMC Networks (AMCX) to $6 from $5.50 and keeps an Underweight rating on the shares. The Media and Entertainment industry heads into 2026 with “solid fundamental momentum,” says the analyst, who recommends stocks in the group that it believes are insulated from AI disruption, will benefit from demand for premium experiences, or have a differentiated earnings outlook.
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Read More on AMCX:
- AMC Networks downgraded to Neutral from Buy at Seaport Research
- Now Streaming: Paramount commences tender offer for Warner Bros. Discovery
- Now Streaming: Netflix to acquire Warner Bros. in $72B deal
- Now Streaming: Comcast said to mull sweetened bid for Warner Bros.
- AMC Networks Appoints Dan McDermott as Chief Content Officer
