Benchmark raised the firm’s price target on Lionsgate Studios (LION) to $12 from $11 and keeps a Buy rating on the shares. The firm expects the market to gain further confidence on Lionsgate’s financial outlook post the quarterly report this Thursday, says the analyst, who also cites favorable visibility on the film release calendar.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LION:
- Lionsgate Studios price target raised to $12 from $9 at Wells Fargo
- Lionsgate Studios Adds Mnuchin, Strikes Governance Pact
- Lionsgate Studios names Steven Mnuchin to board of directors
- Lionsgate Studios management to meet with Seaport Research
- Lionsgate Studios price target raised to $12 from $10 at Seaport Research