JP Morgan Maintains Neutral on Imax, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst David Karnovsky maintains a Neutral rating on Imax (NYSE:IMAX) and raises the price target from $20 to $21.
October 14, 2024 | 2:50 pm
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JP Morgan has maintained a Neutral rating on Imax but increased the price target from $20 to $21, indicating a slightly positive outlook.
The increase in the price target from $20 to $21 suggests a slightly positive outlook for Imax, although the Neutral rating indicates no strong buy or sell recommendation. This could lead to a modest positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100