Lionsgate pullback a buying opportunity, says Piper Jaffray Piper Jaffray said it would be a buyer of Lionsgate on weakness with stock off nearly 30% off its peak in October. Piper says Lionsgate developed a new franchise after Divergent opened with $56M over the weekend. It attributes last week's 15% share pullback to concerns that the film would flop and keeps an Overweight rating on the name.
Lionsgate merger with Starz looks increasingly logical, says Stifel Stifel says that it has become more convinced of the logic of a potential merger between Lionsgate (LGF) and Starz (STRZA). The firm thinks that such a deal would positively impact Lionsgate's cah flow, increase its leverage capacity and expand its OTT content platform. The firm says that a combination of EPIX and Starz would be positive for both platforms, and it increased its price target on Lionsgate to $42 from $39 while keeping a Buy rating on the shares.