‘Walking Dead’ ratings decline bites AMC stock

By | October 21, 2015

Scalper1 News

AMC Networks (AMCX) on Wednesday stumbled like one of the zombies from its show “The Walking Dead” after a Wall Street analyst cut his price target on the stock over declining ratings for that program. AMC stock fell as much as 3.8% on Wednesday but ended the session down 1.8% at 68.13 on the stock market today. Guggenheim Securities analyst Michael Morris maintained his buy rating on AMC stock but cut his price target to 83 from 90. Through the Scalper1 News

Scalper1 News