Dougherty & Co Reiterates a 'Buy' on IMAX Corporation (IMAX); Int'l Strength Powers Another Big Box Office Weekend
Tweet
Share
E-mailGet Alerts IMAX Hot Sheet
Price: $52.74 --0%
Rating Summary:
15 Buy, 7 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
15 Buy, 7 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Dougherty & Co reiterates a 'Buy' on IMAX Corporation (NASDAQ: IMAX) price target of $33.00.
Analyst, Steve Frankel, said, "John Carter Misses Domestically...But Debuts Strong Overseas...Imax’s Core Fanboy Audience Drives Market Share Gains...Given the to-date performance, including better than expected traction from Journey 2 and The Lorax, we believe our $90M gross box office and $49.3M/$0.09 estimates for Q1 remain conservative."
"With a rapidly growing global network, a strong 2012 film slate and the potential for material margin improvement we continue to like the Imax story."
For an analyst ratings summary and ratings history on IMAX Corporation click here. For more ratings news on IMAX Corporation click here.
Shares of IMAX Corporation closed at $27.57 yesterday.
Analyst, Steve Frankel, said, "John Carter Misses Domestically...But Debuts Strong Overseas...Imax’s Core Fanboy Audience Drives Market Share Gains...Given the to-date performance, including better than expected traction from Journey 2 and The Lorax, we believe our $90M gross box office and $49.3M/$0.09 estimates for Q1 remain conservative."
"With a rapidly growing global network, a strong 2012 film slate and the potential for material margin improvement we continue to like the Imax story."
For an analyst ratings summary and ratings history on IMAX Corporation click here. For more ratings news on IMAX Corporation click here.
Shares of IMAX Corporation closed at $27.57 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Imax extends Chief Legal Officer Lister's contract through 2029
- DA Davidson Reiterates Buy Rating on Box, Inc. (BOX) on Secular Tailwinds for Demand
- Benchmark Reiterates Buy Rating on NVIDIA (NVDA), Updates Estimates
Create E-mail Alert Related Categories
Analyst CommentsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
