Lions Gate Entertainment: Starz, Lionsgate Studios Split Should Unlock Value
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Separation of Businesses: Lions Gate Entertainment is set to separate its Starz and Lionsgate Studios businesses following a shareholder vote on April 23, which analysts believe will create opportunities for investors and improve the company's structure.
Analyst Upgrade: Analyst David Karnovsky upgraded Lions Gate's rating from Underweight to Neutral, raising the price target from $8 to $9, while expressing cautious optimism about Starz's medium-term outlook despite long-term concerns in the competitive streaming market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
