Equity Analyst: Buy IMAX, SAP Will Drive Earnings Higher, Take Profits on Hospira, Buy Fossil

IMAX Corporation (NASDAQ:IMAX): Canaccord said IMAX’s mid-quarter box office it tracking ahead of expectations and believes the Q2 box office can reach $110M. Shares are Buy rated.

SAP AG (NYSE:SAP): Goldman expects SAP’s renewed product innovation, strong execution, and ambitious management team will drive earnings and shares higher in 2012. Shares are Conviction Buy rated.

Golar LNG Ltd.(NASDAQ:GLNG): Dahlman Rose said Golar LNG is one of the best ways to play long-term trends in the LNG market. Shares are Buy rated.

Hospira Inc.(NYSE:HSP): UBS recommends taking profits in Hospira.

Fossil, Inc.(NASDAQ:FOSL): JPMorgan recommends buying Fossil up to $110-$112 level

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

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