FBR Capital sees more upside for AMC Entertainment

|About: AMC Entertainment Holding... (AMC)|By:, SA News Editor

FBC Capital boosts AMC Entertainment (NYSE:AMC) to an Outperform rating from Market Perform.

The recent M&A pickups (Nordic, Odeon) by AMC are seen helping to lift the bottom line.

The investment firm lifts its price target on the exhibitor to $37 from $33.

AMC +1.11% premarket to $31.80 vs. a 52-week trading range of $25.75 to $35.65.