Morgan Stanley lowered the firm’s price target on Starz Entertainment (STRZ) to $12 from $13 and keeps an Equal Weight rating on the shares. The firm is “encouraged” by guidance to grow streaming revenue and adjusted OIBDA in FY26, but unproven new series and lower promotional activity may elevate subscriber churn risk, the analyst tells investors in a post-earnings note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STRZ: