Brean Capital Starts Starz (STRZA) at Hold

September 6, 2016 6:27 AM EDT
Get Alerts STRZA Hot Sheet
Price: $35.52 --0%

Rating Summary:
    6 Buy, 13 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 29 | Down: 29 | New: 23
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Brean Capital initiates coverage on Starz (NASDAQ: STRZA) with a Hold rating and a price target of $27.00.

Analyst Alan Gould commented, "We are initiating STRZA with a Hold rating as we see minimal upside on an arbitrage basis and much less upside than buying LGF directly, based on our $27 target price for the combined Lionsgate Starz. The deal is expected to close by the end of the year."

For an analyst ratings summary and ratings history on Starz click here. For more ratings news on Starz click here.

Shares of Starz closed at $30.84 yesterday.

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