Analysts Have Conflicting Sentiments on These Communication Services Companies: IMAX (IMAX) and IAC/InteractiveCorp. (IAC)
Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on IMAX (IMAX – Research Report) and IAC/InteractiveCorp. (IAC – Research Report).
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IMAX (IMAX)
In a report released today, David Karnovsky from J.P. Morgan maintained a Buy rating on IMAX, with a price target of $47.00. The company’s shares closed last Friday at $38.17.
According to TipRanks.com, Karnovsky is a 5-star analyst with an average return of
Currently, the analyst consensus on IMAX is a Strong Buy with an average price target of $40.92, a 6.6% upside from current levels. In a report issued on December 5, Texas Capital Securities also maintained a Buy rating on the stock with a $47.00 price target.
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IAC/InteractiveCorp. (IAC)
Oppenheimer analyst Jason Helfstein downgraded IAC/InteractiveCorp. to Hold yesterday. The company’s shares closed last Friday at $38.61.
According to TipRanks.com, Helfstein is a 3-star analyst with an average return of
IAC/InteractiveCorp. has an analyst consensus of Strong Buy, with a price target consensus of $48.13, implying a 24.8% upside from current levels. In a report issued on December 7, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $38.00 price target.
