Shares of AMC Entertainment (NYSE: AMC) popped 13% Monday, following bullish analyst commentary.
B. Riley Securities analyst Eric Wold lifted his rating on the movie theater company's stock from neutral to buy. He sees AMC's share price rising to $13, or roughly 23% higher than its closing price of $10.61.
Investors bid up AMC's stock price Monday. Image source: Getty Images.
Source Fool.com