UPDATE: ISI Group Initiates Coverage on AMC Networks on Significant Long-Term Growth Potential

In a report published Wednesday, ISI Group analyst Vijay Jayant initiated coverage on AMC Networks (NASDAQ: AMCX ) with a Buy rating and $72.00 price target. In the report, ISI Group noted, “We are initiating coverage of AMC Networks (AMCX) shares with a Buy rating and a $72 price target