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Imax price target raised to $32 from $30 at Barrington

Barrington raised the firm’s price target on Imax (IMAX) to $32 from $30 and keeps an Outperform rating on the shares following the Q4 report. The firm cites the company’s outlook for profit growth from box office improvement for the target increase. It sees demand in multiple markets supporting Imax’s growth.

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