Benchmark Co. Sticks to Its Buy Rating for Lionsgate Studios (LION)

In a report released today, Matthew Harrigan from Benchmark Co. maintained a Buy rating on Lionsgate Studios, with a price target of $11.00.

TipRanks Black Friday Sale

• Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
• Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off

Harrigan covers the Communication Services sector, focusing on stocks such as Grupo Televisa, S.A.B., T Mobile US, and Warner Bros. According to TipRanks, Harrigan has an average return of -0.1% and a 48.37% success rate on recommended stocks.

In addition to Benchmark Co., Lionsgate Studios also received a Buy from Barrington’s Patrick Sholl in a report issued on November 12. However, on the same day, TR | OpenAI – 4o reiterated 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