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Fly News Breaks for February 9, 2016
LGF
Feb 9, 2016 | 09:04 EDT
After Lionsgate reported weaker than expected Q3 results, Argus was disappointed by the results. However, the firm says that the company continues to ramp up its TV offerings, while it appears to remain a takeover candidate. Argus lowered its price target on the name to $34 from $41 but keeps a Buy rating on the shares.
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