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National CineMedia price target lowered to $7 from $8.25 at Barrington

Barrington analyst Patrick Sholl lowered the firm’s price target on National CineMedia (NCMI) to $7 from $8.25 and keeps an Outperform rating on the shares. The company issued “soft” guidance as the difficult advertising market is also impacting China, the analyst tells investors in a research note.

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