Lionsgate Studios (LION) Gets a Buy from Barrington
In a report released today, Patrick Sholl from Barrington reiterated a Buy rating on Lionsgate Studios, with a price target of $8.50.
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According to TipRanks, Sholl is a 2-star analyst with an average return of 1.0% and a 36.19% success rate. Sholl covers the Communication Services sector, focusing on stocks such as IMAX, Marcus, and Gray Television.
In addition to Barrington, Lionsgate Studios also received a Buy from Benchmark Co.’s Matthew Harrigan in a report issued today. However, on the same day, TD Cowen maintained a Hold rating on Lionsgate Studios (NYSE: LION).
Based on Lionsgate Studios’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $475.1 million and a GAAP net loss of $113.5 million. In comparison, last year the company earned a revenue of $823.7 million and had a GAAP net loss of $113.4 million
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