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Barrington Research Initiates Coverage On Marcus

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In a research note released Monday, Barrington Research analyst James C. Goss initiated coverage on Marcus (NYSE: MCS) with an Outperform rating and a $24 price target.

The analyst said that with the third generation of the family now taking control, he senses a greater deal of focus on developing strategies for the lodging and theatrical exhibition side.

The company's executives have grown the business, as they have acquired theaters and have even incorporated restaurants.

The acquisition of theaters places the company in a position to accelerate its expansion; Marcus is now fifth among the national exhibition chains.

Shares of Marcus are up 1.96 percent.

Latest Ratings for MCS

DateFirmActionFromTo
Nov 2020Barrington ResearchUpgradesMarket PerformOutperform
Oct 2020Barrington ResearchDowngradesOutperformMarket Perform
Jul 2020B. Riley FBRUpgradesNeutralBuy

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Posted-In: Barrington Research James C. GossAnalyst Color Price Target Initiation Analyst Ratings

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