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Fly News Breaks for March 10, 2016
IMAX
Mar 10, 2016 | 06:38 EDT
Piper Jaffray analyst Stan Meyers says he left meetings with IMAX management more confident in the company's growth story. The company is a key beneficiary as studios concentrate their efforts on blockbuster films that build franchises, Meyers tells investors in a research note. He believes IMAX remains one of the few undervalued media names and keeps an Overweight rating on the name with a $45 price target.
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