Regal Entertainment (RGC +3.5%) catches an upgrade from MKM Partners to a Buy rating from...

|About: Regal Entertainment Group (RGC)|By:, SA News Editor

Regal Entertainment (RGC +3.5%) catches an upgrade from MKM Partners to a Buy rating from Neutral on valuation. Sony's (SNE) decision to charge theater operators for 3D glasses isn't whacking shares of RGC quite as harshly as RealD (RLD) - down 17% over 5 trading sessions. Nonetheless, the firm looks set to contest the action - saying it "would be forced to evaluate this new economic model and program our screens accordingly."