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Fly News Breaks for March 21, 2016
LGF
Mar 21, 2016 | 07:47 EDT
As noted earlier, Stifel downgraded Lionsgate to Hold from Buy. The firm believes that the much weaker than expected box office performance by the company's "Allegiant" movie will cause its 2017 results and probably its 2018 results to miss expectations. Stifel now has doubts about the strength of the young adult movie market.
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