Lionsgate analyst cheers 'Saw'

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Lionsgate shares edged up minimally Monday as at least one analyst said the strong boxoffice showing of "Saw III" should bode well for the company's fiscal-year financial performance. Oppenheimer & Co. analyst Thomas Eagan said the film is "likely to hit $85 million-$90 million total," making the firm "more likely to increase its fiscal-year 2007 ... free cash flow guidance" of $85 million. Lionsgate shares rose 0.3% on Monday to $10.09. During the past year, the stock has traded between $7.47-$10.52.
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