Citi analyst Jason Bazinet lowered the firm’s price target on Lionsgate Studios (LION) to $10 from $13 and keeps a Buy rating on the shares. The firm unwound the downward revisions it made to its advertising forecasts earlier this year related to tariff risks. The media group will see significant acquisitions over the next few years, the analyst tells investors in a research note.
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Read More on LION:
- Lionsgate Studios price target lowered to $8 from $8.50 at Morgan Stanley
- Promising Growth and Undervalued Potential: A Buy Recommendation for Lionsgate Studios
- Lionsgate Studios’ Earnings Call Highlights Growth and Challenges
- Stocks slide as Trump threatens new tariffs against EU and Apple: Morning Buzz
- Lionsgate Studios price target lowered to $10 from $15 at Seaport Research