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Fly News Breaks for June 10, 2016
IMAX
Jun 10, 2016 | 07:48 EDT
Stifel lowered its Q2 revenue estimate for IMAX to $252M from $300M. The firm says that most of the reduction reflects the under performance of "Alice Through The Looking Glass," and"Teenage Mutant Ninja Turtles: Out of The Shadows" as well as its lower expectations for "Independence Day: Resurgence." However, the firm keeps a $45 price target and Buy rating on IMAX.
News For IMAX From the Last 2 Days
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