Carmike Cinemas price target raised to $37 from $30 at Maxim Maxim raised its price target for Carmike Cinemas shares to $37 ahead of the company's Q4 results and maintains a Buy rating on the stock. The firm expects the company's move into higher end theaters and the success of Gravity in 3D should drive growth.
Carmike Cinemas rallies, remains in longer-term downtrend The stock is rallying, last up 3% to $25.66. At that price the stock is still within the downtrend channel that began to develop late in November. It would need to break above the $26.50 level to breach the top of the channel. Support is at $25.33.
Carmike Cinemas sell-off overdone, says B. Riley B. Riley said the sell-off in Carmike has been excessive and views valuation as attractive ahead of the 2015 film slate and catalysts. Shares are Buy rated with a $40 price target.