UPDATE: Sterne Agee Initiates AMC Networks at Buy on Low Multiple and Current Deleveraging
June 13, 2013 at 10:37 AM EDT
In a report published on Wednesday, Sterne Agee analyst Matt Cioppa initiated coverage on AMC Networks (NASDAQ: AMCX ) with a Buy rating and a price target of $74.00. In the report, Sterne Agee emphasized, "The bear argument on AMCX shares is centered on two of the network's marquee shows, Mad
