Citigroup’s SHOCKING Take on AMC (actually it’s just dumb)

Published August 19, 2021

You already know Wall Street analysts hate the meme stock universe.

And they really, really hate AMC (AMC).

This morning, we came across his hilarious headline:

Citigroup Adjusts Price Target on AMC Entertainment Holdings to $5 from $3.70, Maintains Sell Rating

WHAT IS THE POINT?

We all know AMC could go anywhere.

But is there really a difference between $5 and $3.70?

Smells like a cheap play for attention.

Some other fun headlines from today:

Japan’s Liquid Global Exchange Hacked; $90M in Crypto Siphoned Off – No Big Deal, $90 million worth of cryptos just walked off into the sunset

Cathie Wood Can’t Get Enough Of Peter Thiel’s Palantir, Adds Another $11.4M Shares – Can’t argue with this one. Palantir looks like a long-term star because everyone wants to slice and dice our data.

Moderna’s Experimental HIV Vaccine Could Begin Human Trials as Soon as This Week – This MRNA stuff looks like it has legs.

Macy’s, Kohl’s raise annual sales forecasts as shoppers return to stores – WTF people still shop?

Robinhood tops revenue expectations, monthly active users rise 109% – WTF people use Robinhood? 🙂

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