Rosenblatt Reiterates Buy on Lions Gate Enter, Maintains $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett has reiterated a Buy rating on Lions Gate Entertainment (NYSE:LGF) and maintained a $17 price target for the company's stock.
December 04, 2023 | 1:18 pm
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POSITIVE IMPACT
Rosenblatt analyst Barton Crockett reiterates a Buy rating on Lions Gate Entertainment with a maintained price target of $17.
The reiteration of a Buy rating by a reputable analyst like Barton Crockett can instill confidence in investors and potentially lead to a positive short term impact on the stock price. The maintained price target of $17 suggests that the analyst sees significant upside potential from the current trading price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Rosenblatt analyst Barton Crockett reiterates a Buy rating on Lions Gate Entertainment with a maintained price target of $17, which could also affect the Class B shares.
While the article specifically mentions LGF, the reiteration of a Buy rating and a $17 price target is likely to have a similar positive impact on the Class B shares, LGF/B, as investor sentiment often moves in tandem for different classes of stock in the same company.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80