UPDATE: Morgan Stanley Reiterates On Regal Entertainment Group Following Disappointing 4Q13 EBITDA

In a report published Friday, Morgan Stanley analyst Benjamin Swinburne reiterated an Underweight rating on Regal Entertainment Group (NYSE: RGC ), but removed the $20.00 price target. In the report, Morgan Stanley noted, “4Q13 adj. EBITDA of $126M was ~16% behind our below-consensus forecast despite admissions revenue in line with