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Imax price target raised to $37 from $35 at Rosenblatt

Rosenblatt raised the firm’s price target on Imax (IMAX) to $37 from $35 and keeps a Buy rating on the shares. The firm is “pounding the table” on the shares after the company reported another quarter of upside. The shares are not pricing in Imax’s growing market share, the strength of the film slate over the next few years and the potential for additional margin expansion as the box office grows.

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