Rosenblatt Securities Reaffirms Their Buy Rating on IMAX (IMAX)

Rosenblatt Securities analyst Steve Frankel maintained a Buy rating on IMAX today and set a price target of $50.00.

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According to TipRanks, Frankel is a 4-star analyst with an average return of 4.3% and a 49.34% success rate. Frankel covers the Technology sector, focusing on stocks such as Harmonic, Sonos, and Xperi Inc.

In addition to Rosenblatt Securities, IMAX also received a Buy from Roth MKM’s Eric Handler in a report issued today. However, on July 16, Wells Fargo downgraded IMAX (NYSE: IMAX) to a Hold.

Rosenblatt Securities analyst Steve Frankel reaffirmed a Buy rating on IMAX with a $50 price target. This follows a recent Buy from Roth MKM, while Wells Fargo had previously downgraded the stock to Hold in July.

Rosenblatt Securities analyst Steve Frankel maintained a Buy rating on IMAX today and set a price target of $50.00.

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Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
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In addition to Rosenblatt Securities, IMAX also received a Buy from Roth MKM’s Eric Handler in a report issued today. However, on July 16, Wells Fargo downgraded IMAX (NYSE: IMAX) to a Hold.