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IMAX (NYSE:IMAX) was upgraded by research analysts at Stifel Nicolaus to a “buy” rating in a report released on Monday.

IMAX (NYSE:IMAX) traded up 2.89% on Monday, hitting $25.31. 916,122 shares of the company’s stock traded hands. IMAX has a 52-week low of $24.01 and a 52-week high of $31.23. The stock’s 50-day moving average is $26.98 and its 200-day moving average is $26.9. The company has a market cap of $1.720 billion and a P/E ratio of 40.59.

Separately, analysts at Piper Jaffray downgraded shares of IMAX to a “neutral” rating in a research note on Wednesday, July 16th.

IMAX Corporation, together with its wholly owned subsidiaries, is an entertainment technology companies, specializing in motion picture technologies and presentations.

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