Citi Rates Lionsgate as Buy with Spin-Off of Starz on the Horizon
Friday, 31 May 2024, 05:50
Citi Rates Lionsgate Buy with Starz Spin-Off in Focus
Citi analysts have given a Buy rating to Lionsgate stock, citing the upcoming spin-off of Starz as a key factor driving the expected valuation increase. The move is anticipated to provide a significant boost to Lionsgate's market performance, attracting investor interest.
This strategic decision is likely to enhance the company's growth potential and offer lucrative opportunities for shareholders, signaling a positive outlook for Lionsgate and its stakeholders.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.