IMAX Corp (IMAX) Higher Despite Downgrade
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Price: $52.74 --0%
Rating Summary:
15 Buy, 7 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
Rating Summary:
15 Buy, 7 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 25
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Shares of IMAX Corporation (Nasdaq: IMAX) are higher today despite a downgrade from Market Perform to Reduce at Cormark.
Cormark analyst David McFadgen downgraded the stock due to a weak Q2 box office. He set a downside price target of $25 per share.
McFadgen expects number across the Street to come down.
Shares of IMAX last traded at $31.86, up 1.3% on the session.
Cormark analyst David McFadgen downgraded the stock due to a weak Q2 box office. He set a downside price target of $25 per share.
McFadgen expects number across the Street to come down.
Shares of IMAX last traded at $31.86, up 1.3% on the session.
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