Lionsgate drops; B Riley initiates with 'neutral'

Lionsgate Studios

01/07/2026 15:48

** Shares of film and TV producer Lionsgate Studios LION.N fall 1.7% to $15.05
** B Riley initiates coverage with "neutral" rating; sets PT at $17, implying an 11% upside to the stock's last close
** Brokerage says it is leaning toward the positive considering the co's strong performance in theaters with titles such as "Michael" and a "solid content pipeline over the next few years" for film and TV production
** Average rating of 11 analysts is "buy;" their median PT is $16 - data compiled by LSEG
** Including session moves, stock has risen 64.8% so far this year

 (Reporting by Anhata Rooprai in Bengaluru)
 ((Anhata.Rooprai@thomsonreuters.com))