IMAX Stock’s Rally May Be Just The Start, Morgan Stanley Says — Why ‘The Odyssey’ Is Reshaping The Moviegoing Experience
IMAX Corp. (IMAX) could have more room to run after its recent gains, according to Morgan Stanley, which initiated coverage of the company with an ‘Overweight’ rating and a $63 price target. The target implies over 18% upside from Wednesday’s close.IMAX shares were trading 1.7% higher at the time o…