BGB Securities Lowers Liberty Media PT

BGB Securities lowered its Liberty Media LSTZA price target from $93 to $91 in a research report published today. BGB Securities has previously given Liberty Starz Group a Buy rating. In the report, BGB Securities states, "The overall growth trend is steady and positive. More importantly, with respect to the long-term investment proposition, the company is enhancing its original programming, further developing its brand, and setting the stage for additional digital distribution arrangements that offer significant upside potential." Shares of Liberty Media were trading at $69.82 at the time of posting, down 1.01% from Tuesday's market close.