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Lionsgate Studios price target raised to $11 from $8.50 at Benchmark

Benchmark raised the firm’s price target on Lionsgate Studios (LION) to $11 from $8.50 and keeps a Buy rating on the shares. Lionsgate’s “Now You See Me 3” continues to perform at the high end of expectations, notes the analyst, who points out that the firm’s revised target is “now emphasizing” FY27.

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