Media and Entertainment
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Media and Entertainment
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Sat, March 15, 2025
[ Sat, Mar 15th ] - Fintel
Wedbush Upgrades National CineMedia (NCMI)

Wedbush Upgrades National CineMedia (NCMI)


Published on 2025-03-15 20:04:23 - Fintel
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  • Fintel reports that on March 14, 2025, Wedbush upgraded their outlook for National CineMedia (NasdaqGS:NCMI) from Neutral to Outperform. Analyst Price Forecast Suggests 35.49% Upside As of March 5, 2025,

The article from MSN Money discusses Wedbush's upgrade of National CineMedia (NCMI) stock from Neutral to Outperform. This upgrade reflects optimism about NCMI's future performance, driven by several factors including a recovery in the cinema industry, an increase in movie releases, and NCMI's strategic initiatives to enhance its advertising platform. Analyst Alicia Reese highlighted that NCMI has shown resilience and adaptability in a challenging market environment, with expectations of improved EBITDA and a stronger balance sheet. The upgrade also comes at a time when there's a noted increase in consumer interest in theatrical experiences post the downturn caused by the global health crisis.

Read the Full Fintel Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/wedbush-upgrades-national-cinemedia-ncmi/ar-AA1AXJnw ]