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Starz Entertainment initiated with a Neutral at Baird

Baird initiated coverage of Starz Entertainment (STRZ) with a Neutral rating and $13 price target Now that the business is operating on a standalone basis, there’s plenty to look forward to at Starz, the analyst tells investors in a research note. While it seems like there is a path to achieving meaningful margin expansion over time, it may take some time to gain confidence in execution, and the firm is opting to start on the sidelines.

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