Angel Studios climbs after Roth MKM initiates coverage with 'Buy'
ReutersDec 16, 2025 1:29 PM
Shares of entertainment firm Angel Studios ANGX.N up 3.5% at $5.25 premarket after Roth MKM initiates coverage with "buy" rating
Brokerage calls it an attractive emerging media platform, saying its content taps into "a sizable and underserved market"
ANGX has 1.6 mln Guild members; app installed on 100 mln+ devices; international expansion seen as long-term opportunity
Roth MKM sets PT at $9 vs analysts' median PT of $11.50 - according to data compiled by LSEG
As of last close ANGX down 54.4% YTD
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