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Fly News Breaks for October 21, 2016
IMAX
Oct 21, 2016 | 14:44 EDT
Barrington analyst James Goss noted that IMAX reiterated its guidance for 2016 openings of 155-160 screens and provided a similar pace of installation guidance for 2017 "in advance of the robust 2017 and 2018 film slates" and said that future expansion is predominantly in China and other international markets, with more modest expansion possible in the U.S. Goss reiterated his Outperform rating and $36 price target on IMAX shares.
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