Barrington lowered the firm’s price target on Marcus (MCS) to $25 from $27 and keeps an Outperform rating on the shares. The firm expects a “soft” Q1 report still expects growth in 2025. It believes the company’s Q1 theatre revenues will be close to the reported first quarter level in the year ago.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCS:
- Optimistic Buy Rating for Marcus Corp: Strong Film Slate and Defensive Investment Appeal
- Marcus initiated with a Buy at Texas Capital
- Why Meme Mania Cannot Save AMC Entertainment (AMC) Stock
- Positive Outlook for Marcus Corporation: Buy Rating Supported by Strong Growth Prospects and Financial Position
- Marcus Corporation Reports Strong Fiscal 2024 Results