JPMorgan lowered the firm’s price target on Starz Entertainment (STRZ) to $13 from $16 and keeps a Neutral rating on the shares. The firm says the company’s Q3 OIBDA and subscribers missed its forecasts.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STRZ:
- Starz Entertainment price target lowered to $13 from $14 at Morgan Stanley
- Hold Rating for Starz Entertainment Corp. Due to Size Constraints and Revenue Challenges
- Starz Entertainment Corp. Reports Strong Subscriber Growth Amid Q3 Financial Results
- Starz Entertainment reports Q3 EPS ($3.15), consensus ($1.81)
