UPDATE: Piper Jaffray Raises PT on Carmike Cinemas After Earnings Beat
March 15, 2013 at 12:14 PM EDT
In a report published by Piper Jaffray, analyst James M. Marsh reiterated his Overweight rating and raised his price target from $17.50 to $20 on Carmike Cinemas (NASDAQ: CKEC ). Piper Jaffray reported that, “Carmike reported 4Q12 revenue of $147M (+22% YoY), just ahead of our estimate of $145M (consensus