Stifel analyst Benjamin Mogil reiterated a Buy rating and bumped his price target on IMAX Corporation (NYSE: IMAX) to $38.00 (from $32.00) 38 following strong 4Q14 results.

"In addition to a slight estimate increase, we view the company's commentary on China installation pacing and the broadening of the film slate as being potential upside drivers to our estimate," Mogil said.

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Shares of IMAX Corporation closed at $33.26 yesterday.