Lions Gate Entertainment (OTCMKTS:LGF/B) Raised to “Outperform” at Imperial Capital
Imperial Capital upgraded shares of Lions Gate Entertainment (OTCMKTS:LGF/B) from an in-line rating to an outperform rating in a report issued on Monday morning, BenzingaRatingsTable reports. The firm currently has $14.00 target price on the stock, up from their prior target price of $13.00.
Separately, Morgan Stanley reduced their price objective on shares of Lions Gate Entertainment from $18.00 to $14.00 and set an equal weight rating on the stock in a research report on Wednesday, July 24th.
Shares of OTCMKTS LGF/B opened at $10.19 on Monday. The company’s 50-day moving average is $11.58.
Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, interactive ventures and games, and location-based entertainment in Canada, the United States, and internationally. The company operates through three segments: Motion Pictures, Television Production, and Media Networks.
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