On May 29, 2025, Citigroup analyst Jason Bazinet released an update on AMC Entertainment Holdings (AMC, Financial), maintaining a "Sell" rating on the stock. Despite the unchanged rating, the analyst has raised the price target from $2.30 to $2.60. This adjustment marks a 13.04% increase in the price target.
The updated price target reflects Citigroup's latest assessment of AMC's future performance in the market, amid ongoing challenges and opportunities within the entertainment industry. Investors and stakeholders are closely monitoring these evaluations as they consider their positions in AMC (AMC, Financial) stock.
This report underscores Citigroup's continued cautious stance on AMC (AMC, Financial), even as the price target indicates some upward potential. The "Sell" rating suggests that the stock might underperform compared to others in the same sector. Investors are advised to consider these insights when making investment decisions concerning AMC (AMC).