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Fly News Breaks for November 13, 2015
IMAX
Nov 13, 2015 | 10:02 EDT
Pre-open, B. Riley added IMAX to the Focus List given long-term growth opportunities. Analyst Eric Wold said IMAX has an impressive Q4 film slate on the horizon and believe investors will be attracted to the story due to strong operating leverage and incremental margin safety. Wold also views the disconnect between IMAX and IMAX China valuations as a buying opportunity and reiterates his Buy rating and $52 price target on shares.
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