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Lionsgate Stock Rises on Stock Upgrade Ahead of Planned Studio Spin-Off

Shares of Lionsgate are trading higher after Barrington Research issued an upgrade to overweight and set a price target of $12 for the Hollywood studio. Analyst James Goss in a Monday investors note said Lionsgate after many delays unveiling plans to spin off its film and TV studio business from Starz via a SPAC deal promises … ....

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