UBS raises AMC Networks stock price target on Walking Dead deal
UBS raised its price target for AMC Networks (AMCX) to $10 from $6 but kept a Sell rating. The change reflects higher expected cash generation and visibility from AMC’s Walking Dead licensing deal with Netflix. UBS forecasts adjusted operating income of $374M in 2027 and $250M in 2028, and free cash flow of $240M and $172M.






