UPDATE: Nomura Initiates Coverage on AMC Networks
January 15, 2014 at 09:40 AM EST
In a report published Wednesday, Nomura analyst Anthony DiClemente initiated coverage on AMC Networks (NASDAQ: AMCX ) with a Neutral rating, establishing a $70.00 price target. According to the report, “We see three themes for AMCX: 1) the company's content strategy for serialized TV lends itself well to Internet