Benchmark analyst Daniel Kurnos lowered Cineverse (CNVS) price target to $9 from $10, maintaining a Speculative Buy rating. The firm adjusted revenue and profitability expectations for the company after acquiring new films. EBITDA forecast was reduced by $5M for the year. Investors are advised to reset expectations for Cineverse.

Unlock TipRanks Premium at 50% off for investing tools and expert analyst insights. The ultimate source for real-time, market-moving financial news is TheFly. Explore top stocks recommended by analysts for investment opportunities. Stay informed and make confident investment decisions with TipRanks Premium.

For more information on Cineverse (CNVS), visit TipRanks for disclaimer and disclosure details. Report any issues to the editor for assistance and clarification. Stay up to date on the latest news and analysis on CNVS for informed investment decisions.

Read more at Yahoo Finance: Cineverse price target lowered to $9 from $10 at Benchmark