Benchmark sees $65M-$70M U.S. opening possible for Lionsgate’s ‘John Wick 4’

Benchmark analyst Matthew Harrigan maintains its Buy rating and $15 fair value estimate on Lionsgate shares ahead of the opening of "John Wick: Chapter 4," which the firm said "appears to be the unusual movie that is actually significant to perception of a studio stock." The firm thinks "Chapter 4" is "truly epic," pointing to a current Rotten Tomatoes score of 95%, which it calls "an unusual sequel gain with the prior three releases all in the mid-to-high 80 percent vicinity" and believes a $65M-$70M U.S. opening is possible.