The Globe and Mail reports in its Friday, April 17, edition that Canaccord Genuity analyst Aravinda Galappatthige has reaffirmed his "hold" recommendation for Cineplex. The Globe's David Leeder writes in the Eye On Equities column that Mr. Galappatthige gave his share target a $1.50 boost to $10.50. Analysts on average target the shares at $12.70. Mr. Galappatthige says in a note: "Cineplex reported its March box office results, confirming the final Q1/26 numbers. Overall, box office sales for the quarter came in at $127.4-million, up 25 per cent year-over-year. This compared to consensus expectations of 14-per-cent growth. The encouraging result was mainly driven by strong March numbers, in particular the standout performance of Project Hail Mary and Hopper. As a result, we expect a better Q1 result with adj EBITDA of $10.6-million (vs consensus of $7.1-million). Looking into Q2, we are seeing continued strength in box office, led by The Super Mario Galaxy Movie. With a solid slate ahead, including The Devil Wears Prada 2, Michael, The Mandalorian and Grogu, and Toy Story 5, we expect a strong Q2, albeit against a somewhat robust comp last year."