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Fly News Breaks for February 16, 2017
IMAX
Feb 16, 2017 | 08:18 EDT
Stifel analyst Benjamin Mogil recommends an underweight position on IMAX heading into the company's Q4 results scheduled to be reported on February 23. He says that the Street is underestimating the company's noncore spending as well as the loss that it will report. However, Mogil remains upbeat on the company's longer term growth outlook and keeps a Buy rating on the shares.
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