Morgan Stanley initiated coverage of Lionsgate Studios with an Overweight rating and $9.50 price target. The company is expected to deliver 8% proforma adjusted OIBDA growth annually through fiscal 2028 through a differentiated film strategy and continued healthy global demand for content, the analyst tells investors in a research note. The firm says concerns over spending rationalization among content buyers is priced into Lionsgate Studios shares, which are trading below historical levels and comps.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LION:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue