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Fly News Breaks for February 9, 2016
LGF
Feb 9, 2016 | 10:30 EDT
Barrington analyst James Goss said Lionsgate's Q3 results were hurt even more than expected by the shortfall of Mockingjay Part 2, as well as higher than expected costs for the film, but he continues to believe the company will benefit long-term as it evolves to have better competitive positions in both movies and television. Goss, who beleives the post-earnings selloff in the stock has been overdone, lowered his price target on the stock to $30 from $39 but keeps an Outperform rating on shares.
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