UPDATE: Hudson Square Research Raises CineMark Holdings' PT

According to a research report published his morning, Hudson Square Research has increased CineMark Holdings' (NYSE: CNK) PT from $25 to $28.

In the report, Hudson Square Research commented, "Yesterday pre-open, Cinemark reported another industry beat, with by an impressive 19% increases in domestic attendance. Revenue of $578.8M was up 19.8% Y/Y. Ticket prices ($6.08 vs. $5.95E) and concession/patron ($2.92 vs. $2.75E) were better-than-expected. EPS of $0.37 was up ~68% Y/Y."

CineMark Holdings closed yesterday at $23.68.