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UPDATE: Ascendiant Downgrades Dreamworks Animation
Monday, July 21, 2014 - 1:48pm | 143In a report released Monday, Ascendiant analyst Marla Backer downgrades Dreamworks Animation (NASDAQ: DWA) from Buy to Hold. Analysts at Ascendiant were disappointed with the performance of How To Train Your Dragon 2, as it came below consensus expectations in box office by grossing only $161...
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UPDATE: Ascendiant Capital Initiates Coverage on IMAX Corporation on Multiple Upside Drivers
Tuesday, December 10, 2013 - 12:24pm | 180In a report published Tuesday, Ascendiant Capital Markets analyst Marla Backer initiated coverage on IMAX Corporation (NYSE: IMAX) with a Buy rating and $32.00 price target. In the report, Ascendiant Capital Markets noted, “IMAX has become a key premium technology in the exhibitor industry, in our...
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UPDATE: Ascendiant Capital Markets Reiterates on DreamWorks Animation SKG on Strong Outlook
Thursday, December 5, 2013 - 12:57pm | 98In a report published Thursday, Ascendiant Capital Markets analyst Marla Backer reiterated a Buy rating on DreamWorks Animation SKG (NASDAQ: DWA), and raised the price target from $32.00 to $38.00. In the report, Ascendiant Capital Markets noted, “DVD sales and rental data indicate that the...
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UPDATE: Ascendiant Capital Markets Initiates Coverage on Lions Gate Entertainment on Expected Upside Drivers
Friday, November 1, 2013 - 10:48am | 146In a report published Friday, Ascendiant Capital Markets analyst Marla Backer initiated coverage on Lions Gate Entertainment (NYSE: LGF) with a Buy rating and $40.00 price target. In the report, Ascendiant Capital Markets noted, “LGF is transitioning from ‘mini-major' to major studio, in our view...
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UPDATE: Ascendiant Capital Initiates Coverage on DreamWorks Animation on Positive Outlook
Thursday, September 19, 2013 - 11:40am | 84In a report published Thursday, Ascendiant Capital Markets analyst Marla Backer initiated coverage on DreamWorks Animation SKG (NASDAQ: DWA) with a Hold rating and $32.00 price target. In the report, Ascendiant Capital Markets noted, “DreamWorks Animation has stepped up its diversification efforts...
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UPDATE: Ascendiant Capital Initiates Cinemark Holdings at Buy on Expected Outperformance
Wednesday, July 10, 2013 - 9:28am | 172In 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...
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UPDATE: Ascendiant Capital Initiates Regal Entertainment Group at Buy on Positioning, Box Office Outlook
Thursday, June 27, 2013 - 8:48am | 131In a report published on Wednesday, Ascendiant Capital analyst Marla Backer initiated coverage on Regal Entertainment Group (NYSE: RGC) with a Buy rating a $21 price target. In the report, Ascendiant Capital stated, "Well positioned. As the industry's largest player, we believe Regal is well...