Benchmark is adding Marcus to the firm’s “2024 Top Ideas” list ahead of the company reporting its Q2 results on August 1, stating that the box office is “erupting with recent hits,” including the record-breaking debut of “Deadpool & Wolverine,” which generated $205M in domestic ticket sales during its opening weekend and nearly $500 million globally. The firm has a Buy rating and $18 price target on Marcus shares.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MCS:
- Marcus price target raised to $20 from $19 at B. Riley
- Marcus to operate former Showplace ICON Theatre in St. Louis Park, Minnesota
- Cineworld leaning towards British restructuring, Sky News reports
- Ex-Dividend Date Nearing for These 10 Stocks – Week of June 17, 2024
- Marcus management to meet virtually with Benchmark