Rosenblatt Maintains Buy on Lions Gate Enter, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett has maintained a Buy rating on Lions Gate Entertainment (NYSE:LGF) and increased the price target from $16 to $17.
November 10, 2023 | 3:31 pm
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POSITIVE IMPACT
Rosenblatt analyst Barton Crockett maintains a Buy rating on Lions Gate Entertainment and raises the price target from $16 to $17, indicating a positive outlook on the stock.
The increase in price target by Rosenblatt suggests a positive sentiment towards Lions Gate Entertainment's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The article does not provide specific information on Lions Gate Entertainment Class B shares (NYSE:LGF/B), but the analyst's rating and price target adjustment for LGF could indirectly affect LGF/B.
While the article focuses on LGF, the Class B shares (LGF/B) often move in tandem with the Class A shares. The positive outlook for LGF could therefore also suggest a favorable view on LGF/B, potentially leading to a similar short-term impact.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 50