UPDATE: Ascendiant Capital Initiates Cinemark Holdings at Buy on Expected Outperformance

In 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 exhibitor in many