Lionsgate Studios initiated with a Neutral at Seaport Research

Seaport Research initiated coverage of Lionsgate Studios (LION) with a Neutral rating and no price target. The shares “are still rather illiquid” and trade at a premium to Lionsgate Entertainment (LGF.A), the analyst tells investors in a research note. The firm says Lionsgate Studios has a history of a high success rate of “hitting singles and doubles and not risking significant capital in any one piece of content.”