Roth Capital analyst Eric Handler raised the firm’s price target on Imax (IMAX) to $42 from $40 and keeps a Buy rating on the shares following the investor day. The company announced “bullish” near- and long-term targets which topped consensus estimates, the analyst tells investors in a research note. The firm believes Imax is well positioned for a “strong, multi-year growth cycle” given its expanding box office market share.
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Read More on IMAX:
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