Lionsgate Acquires Rights to Globally-Renowned Magic Tree House Book Series
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B. Riley Cuts Price Target after Lionsgate (LGF) Reports Weak 3Q - PT to $32
February 8, 2016 11:05 AM ESTB. Riley reiterated a Buy rating on Lionsgate (NYSE: LGF), and cut the price target to $32.00 (from $50.00), following the company's 3Q earnings report. Revenues of $671MM came in below consensus estimates of $771MM with diluted EPS of $0.26 also coming in below consensus estimates of $0.49. The weakness was driven by... More
Jefferies Cuts Price Target After Lionsgate (LGF) Reports Disappointing 3Q Results
February 8, 2016 9:55 AM ESTJefferies maintained a Buy rating on Lionsgate (NYSE: LGF), and cut the price target to $30.00 (from $44.00), following the company's 3Q earnings report. LGF reported disappointing F3Q results, but did not lower the 3-yr EBITDA guidance. However, the company did acknowledge that they were... More
