In a report published Thursday, Sterne Agee analyst Vasily Karasyov initiated coverage on Starz STRZA with a Buy rating and $26.50 price target.
In the report, Sterne Agee noted, “We believe the consensus is too focused on the top-line challenges Starz faces, and overlooks the positive trend in programming costs in 2013 and underestimates the management's commitment to share repurchase. We rate STRZA shares a Buy with a 12-month price target of $26.50.”
Starz closed on Thursday at $21.71.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in