Now my sleep will be even Better with all the Nonsence in the Markets Exposed and Looked at more Closely (I Hope), Got it SEC ?
I sleep very well at night... (Even With All the B.S. that goes on in the Stock Markets)
(old message sent to one of the NON BELIEVERS of LGF)
No, you are NOT a great investor b/c you did NOT HOLD ON LONG ENOUGH ! I and Others KNOW LGF will be Bought out down the road and are willing to wait. I started buying between $12 - $14 and have accumulated nearly 20,000 Shares (Proud of that). Have NO Fears that my vision of a buyout won't happen eventually. I sleep very well at night, even with the recent stalling of share price rise, Icahn b.s., etc. Now just GO AWAY and STOP your CRYING and Filling this Board with your GARBAGE Posts...
At the same time, after Summit Entertainment's YA film adaptation Divergent in its second weekend was off just 51 percent to $26.5 million in box office, Matthew Harrigan at Wunderlich Securities maintained his price target and buy rating for Lionsgate stock.
Cowen's Creutz and Glagola, reducing their own price target from $36 to $28, said they have modeled a price target at $34 if Lionsgate can replace Hunger Games revenues starting in fiscal 2016, and $22 if it fails to do so.
"Our new price target is in the middle of the range, as we view a partial replacement of Hunger Games earnings as the most likely outcome," they wrote.
But Wunderlich's Harrigan came out with a report on Monday that remains bullish about Lionsgate and its ability to avoid an earnings cliff after The Hunger Games franchise concludes.
"We adhere to our $43 price target and regard buy-rated Lionsgate as the best play on improving digital film economics and YA franchise creation," Harrigan wrote.
Late last week, Alexia Quadrani, an analyst at J.P. Morgan, reiterated her overweight rating on Lionsgate shares, arguing a recent pullback in the mini-studio's stock after the release of Divergent was "unwarranted."
"With the recent demand for content and the limited number of pure-play suppliers of content, Lionsgate remains a very attractive investment, in our view," Quadrani wrote in a March 28 research note.