$AMCX Barron’s Bullish – see $90 target and takeover potential

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The Chaikin Power Gauge Rating for AMC Networks, Inc is Neutral with average financial metrics, very strong earnings performance, very strong price/volume activity and neutral expert activity.

AMCX’s earnings performance is very strong as a result of high earnings growth over the past 3-5 years and better than expected earnings in recent quarters.

Despite bullish factors, AMCX has moved below its long-term trend, resulting in a Power Gauge rating of Neutral+.

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