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UPDATE: Sterne Agee Initiates Starz at Buy on Positive Trend

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In a report published Thursday, Sterne Agee analyst Vasily Karasyov initiated coverage on Starz (NASDAQ: 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 Wednesday at $21.71.

Latest Ratings for STRZA

DateFirmActionFromTo
Apr 2015CLSAInitiates Coverage onOutperform
Apr 2015FBN SecuritiesInitiates Coverage onSector Perform
Apr 2015Deutsche BankInitiates Coverage onBuy

View More Analyst Ratings for STRZA
View the Latest Analyst Ratings

Posted-In: Sterne Agee Vasily KarasyovAnalyst Color Initiation Analyst Ratings

 

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