Wells Fargo expects Lionsgate to become an M&A target, starts bullish coverage

15 hours ago 1
Teenage boy holding a film slate or film clapper board at sunset. new content creator, young filmmaker. movie industry concept.

bombermoon/iStock via Getty Images

  • Wells Fargo initiated coverage on Lionsgate Studios (NYSE:LION) with an investment rating of "overweight" on Tuesday.
  • The research firm sees the company as an attractive pure-play studio asset that should benefit from industry M&A as strategic buyers look to beef

Recommended For You

Read Entire Article