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Cinemark price target raised to $36 from $32 at Wells Fargo

Wells Fargo analyst Omar Mejias raised the firm’s price target on Cinemark (CNK) to $36 from $32 and keeps an Overweight rating on the shares. The firm’s Q1 AEBITDA moves from $69M to $80M on a higher-than-expected DBO, while Wells also raised its 2026 estimates by 1%. The firm likes the setup into the 2026 summer slate with a more diverse/robust slate.

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