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Angel Studios initiated with a Buy at Roth Capital

Roth Capital analyst Eric Handler initiated coverage of Angel Studios (ANGX) with a Buy rating and $9 price target The firm views Angel as an “attractive, emerging growth media platform. Over the next three years, Roth projects Angel Guild membership and total company revenue will scale at 30% annually to 4.3M members and over $700M, respectively, by the end of 2028.

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