Rodman & Renshaw Maintains Marcus Market Outperform, $16 PT

Rodman & Renshaw maintained its Marcus MCS Market Outperform rating and $16 price target in a research report published today. In the report, Rodman & Renshaw states, "Marcus Corporation reported fiscal fourth quarter sales of $92.3 million – 2% ahead of or estimate of $91.5 million and 4% ahead of last year's comparable period result. Theater concessions beat our estimate by 8%, likely due to the company's increasing emphasis on in-theater dining – a program which it is expanding. EPS of $0.12 matched our estimate, and is $0.02 ahead of last year." Shares of Marcus were trading at $10.10 at the time of posting, up 2.49% from Wednesday's market close.