Wedbush Reiterates Outperform on Imax, Maintains $22 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Alicia Reese reiterates an Outperform rating on Imax (NYSE:IMAX) and maintains a $22 price target.

April 26, 2024 | 1:17 pm
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Wedbush analyst Alicia Reese reiterates an Outperform rating on Imax and maintains a $22 price target.
The reiteration of an Outperform rating and the maintenance of a $22 price target by a reputable analyst could positively influence investor sentiment and potentially lead to a short-term increase in IMAX's stock price. Analyst ratings, especially from well-regarded firms like Wedbush, often impact stock prices as they are seen as endorsements of the company's future prospects.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100