Los Angeles Business Journal

Analyst Raises Lions Gate Stock Price Target

Wednesday, March 12, 2014

Wunderlich Securities' Matthew Harrigan, who has a "buy" rating on the stock of the Santa Monica studio Lions Gate, has raised his price target from $40 to $43. Among several factors, he says the upcoming "Divergent" is yet another young adult movie franchise in the making for the indie studio, the Hollywood Reporter says.