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Imax price target raised to $18 from $17 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Imax (IMAX) to $18 from $17 and keeps a Sell rating on the shares. The firm notes the company reported Q2 results that were inline with consensus on Revenue and slightly above on company reported Adjusted EBITDA driven by operating leverage on higher revenues and continued execution against cost efficiencies.

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