UPDATE: Topeka Initiates Coverage on Lionsgate Entertainment with a Buy Rating, $40 PT
February 04, 2014 at 12:04 PM EST
Topeka Capital's David Miller initiated coverage on Lionsgate Entertainment (NYSE: LGF ) with a Buy rating and $40 PT. Miller said shares have recently consolidated and pulled back "to around $30 following the dissipation in hype following the Catching Fire release." The analyst believes the lower price target has presented