1441 ET - Lionsgate Studios is an attractive acquisition target, but the company should be able to perform well on its own, Baird analysts write in a note. The commentary follows a Tuesday report in Semafor that Netflix was interested in acquiring Lionsgate - a report which Netflix flatly denied in a statement to Deadline. "While a transaction seems like an increasingly realistic possibility, we would also emphasize that it is only one path to outperformance for the shares," the analysts write, citing the studio's strong film slate and Library demand, as well as better trends in TV. "We continue to see merits to the investment case on a fundamental basis." Lionsgate shares fall 6.8% after a Tuesday rally. (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
June 17, 2026 14:41 ET (18:41 GMT)
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