Why IMAX Stock Trounced the Market Today
Source: Motley Fool
2026-07-08 19:18:02 ET
IMAX (NYSE: IMAX) stock was something of a star entertainer on Hump Day. The large-format cinema company posted a relatively large gain that trading session; it rose by nearly 3% on the back of a very positive analyst update issued in the morning.
Benchmark prognosticator Mike Hickey felt compelled to reiterate his buy recommendation and $60-per-share price target on IMAX in a new note. That's quite the bullish outlook, as that $60 is 56% higher than the specialty entertainment company's most recent closing share price.
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Imax Corporation
NASDAQ: IMAX
IMAX Trading
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$53 Open:
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