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Movers roundup: Imax, Boston Private Financial

Movers roundup: Imax shares slide on downgrade, Boston Private surges on sale of Florida bank

  • On 2:47 pm EDT, Friday September 18, 2009

Among the stock activity stories for Friday, Sept. 18, from AP Financial News:

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NEW YORK (AP) -- Shares of Imax Corp. slid after Merriman Curhan Ford downgraded the stock, citing the company's rising stock price and new competition.

BOSTON (AP) -- Shares of Boston Private Financial Holdings Inc. shot up as analysts upgraded the stock after the company announced it was selling its Florida-based bank.

SAN FRANCISCO (AP) -- Shares of Sonic Corp. fell after a PiperJaffray analyst downgraded the restaurant stock to "Underweight" from "Neutral" and lowered earnings estimates for 2009.

NEW YORK (AP) -- Shares of Syneron Medical Ltd. rose after an Oppenheimer analyst upgraded the stock, saying he believes the market for laser cosmetic surgery procedures has hit a low point and will start to recover.

NEW YORK (AP) -- Shares of Procter & Gamble Co., maker of Tide laundry detergent and Gillette shavers, rose after a Citi Investment Research analyst upgraded the stock to "Buy," praising the company's new price-cutting strategy.

NEW YORK (AP) -- Solid back-to-school sales could lead Zumiez Inc. to another month of sales growth, an analyst said as she upgraded the retailer's rating and boosted its price target.

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