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Fly News Breaks for March 15, 2018
LGF.A, LGF.B
Mar 15, 2018 | 16:19 EDT
Loop Capital analyst Alan Gould started Lionsgate (LGF.B) with a Buy rating and $36 price target. The company operates in the "sweet spot" of the media industry, content creation, and is not as impacted by advertising or cord cutting, the analyst contends. The analyst views the recent pullback in the shares as a buying opportunity.
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