Morgan Stanley Lowers Lions Gate Entertainment (OTCMKTS:LGF/B) Price Target to $14.00
Lions Gate Entertainment (OTCMKTS:LGF/B) had its price objective cut by Morgan Stanley from $18.00 to $14.00 in a research note published on Wednesday morning, BenzingaRatingsTable reports. They currently have an equal weight rating on the stock.
Separately, Imperial Capital cut Lionsgate to an in-line rating and cut their price objective for the company from $24.00 to $16.00 in a research report on Monday, April 29th.
Lions Gate Entertainment stock opened at $12.22 on Wednesday. The stock has a 50 day moving average price of $11.77.
Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, interactive ventures and games, and location-based entertainment in Canada, the United States, and internationally. The company operates through three segments: Motion Pictures, Television Production, and Media Networks.
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