AMC Stock Just Got Upgrade — Could Premium Screens, Box Office Momentum Signal A Comeback?
1. Wedbush upgraded AMC to Outperform, raising price target from $3 to $4. 2. AMC repaid debt due in 2026, easing financial concerns for investors. 3. The company aims for consistent box office performance with a steady film release schedule. 4. AMC's revenue per screen is 3% above 2019 levels, driven by smart investments. 5. Analyst expects mid-single-digit growth in box office revenue over the next few years.