UPDATE: Ascendiant Capital Initiates Cinemark Holdings at Buy on Expected Outperformance
July 10, 2013 at 09:28 AM EDT
In a report published Wednesday, Ascendiant Capital analyst Marla Backer initiated coverage on Cinemark Holdings (NYSE: CNK ) with a Buy rating and $32.00 price target. In the report, Ascendiant Capital noted, “Cinemark operates in some of the fastest growing U.S. markets and is also a leading exhibitor in many