Interest in Lion's Gate builds

|By:, SA News Editor

RBC Capital raises its price target on Lion's Gate (NYSE:LGF) to $39.

Shares are rated Outperform by the investment firm.

LGF is close to breaking past the $33 level for the first time since March. The focus by the company into new revenue channels such as global streaming and TV production is helping to remove some of the studio risk out of the stock.