JP Morgan Maintains Underweight on Lions Gate Enter, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst David Karnovsky maintains an Underweight rating on Lions Gate Entertainment (NYSE:LGF) and lowers the price target from $9 to $8.
June 06, 2024 | 2:53 pm
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JP Morgan analyst David Karnovsky maintains an Underweight rating on Lions Gate Entertainment and lowers the price target from $9 to $8.
The lowered price target and maintained Underweight rating by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and the stock price of Lions Gate Entertainment in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100