Lionsgate Studios Corp (LION) stock soared 5.05% during intraday trading on Friday, following positive analyst actions that boosted investor sentiment.
The surge came after Morgan Stanley raised its price target on Lionsgate Studios to $11 from $10 while maintaining an Overweight rating. Additionally, Barrington Research maintained its Outperform rating on the stock. These bullish stances from analysts highlight growing confidence in the company's prospects.
According to data from FactSet, Lionsgate Studios has an average rating of overweight with a mean price target of $10.61, indicating that the recent price target increase aligns with a generally positive analyst outlook.
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