UPDATE: Barrington Downgrades National CineMedia to Market Perform, Removes PT on Scaled-Back Outlook
February 22, 2013 at 08:27 AM EST
In a report published Friday, Barrington downgraded its rating on National CineMedia (NASDAQ: NCMI ) from Outperform to Market Perform and removed its $17.00 price target. Barrington noted, “We upgraded the stock in mid-November at $13.14, establishing a target price of $17. The stock price performance since that time has