Seeking Alpha

Interest in Lion's Gate builds

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.

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Comments (1)
  • deercreekvols
    , contributor
    Comments (7244) | Send Message
    SA author, Seeking Profits, claimed that LGF was heading down to $25 and that investors should take profits. (article link above, Take Profits in Lions Gate).


    Now RBC Capital, less than a week later, upgrades and sets price target at $39.


    Seems to be some differing opinions on the direction on LGF.
    15 Aug 2014, 09:18 AM Reply Like
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