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Wire

Update: Market Chatter: Netflix Interested in Buying Lionsgate Studios

(Updates with Lionsgate Studios' response to a request for comment in the last paragraph.)Netflix (NFLX) is one of several media companies interested in acquiring Lionsgate Studios (LION), Semafor reported Tuesday, citing a person familiar with the matter.Neither Netflix nor the other companies have put in a formal indication of interest, the report said, citing the person.Lionsgate declined to comment to, while Netflix didn't immediately reply to a request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $78.97, Change: $-2.70, Percent Change: -3.31%

$LION$NFLX
Wire

Market Chatter: Netflix Interested in Buying Lionsgate Studios

Netflix (NFLX) is one of several media companies interested in acquiring Lionsgate Studios (LION), Semafor reported Tuesday, citing a person familiar with the matter.Neither Netflix nor the other companies have put in a formal indication of interest, the report said, citing the person.Netflix and Lionsgate Studios didn't immediately reply to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $80.25, Change: $-1.43, Percent Change: -1.74%

$LION$NFLX
Research

Citigroup Downgrades Lionsgate Studios to Neutral From Buy, Adjusts Price Target to $12.60 From $11

Lionsgate Studios (LION) has an average rating of overweight and mean price target of $11.68, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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