Barclays Capital (BCS) Analysts Initiate Coverage on AMC Networks (AMCX)
Friday, July 01, 2011 1:20 PM

Equities research analysts at Barclays Capital (NYSE: BCS) initiated coverage on shares of AMC Networks (NASDAQ: AMCX) in a research note to investors on Friday. The analysts set an "underweight" rating and a $32.00 price target on the stock.

Separately, analysts at Maxim Group downgraded shares of AMC Networks from a "buy" rating to a "hold" rating in a research note to investors on Friday.

Shares of AMC Networks traded down 9.45% during mid-day trading on Monday, hitting $39.39. AMC Networks has a 52 week low of $31.00 and a 52 week high of $44.21. The stock's 50-day moving average is $36. and its 200-day moving average is $36..

Stay on top of analysts' coverage with American Banking & Market News' daily email newsletter that provides a concise list of analysts' upgrades, analysts' downgrades and analysts' price target changes for each day.Click here to register.