Marcus price target raised to $23 from $22 at B. Riley

B. Riley analyst Drew Crum raised the firm’s price target on Marcus (MCS) to $23 from $22 and keeps a Buy rating on the shares. Marcus reported Q4 results with revenue of $193.5M and AEBITDA of $26.8M, beating forecasts and reflecting modest outperformance in both Theatres and Hotels segments, the analyst tells investors in a research note. With RevPAR growth, concession optimization, and favorable film mix, the firm says.