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Fly News Breaks for October 28, 2016
LGF, STRZA
Oct 28, 2016 | 08:15 EDT
As noted earlier, Stifel analyst Benjamin Mogil upgraded Starz (STRZA) to Buy from Hold. Mogil notes that the company reported higher than expected revenue from subscribers in Q3 and indicated that its costs would be lower than expected for the full year. Target to $36 from $33. Mogil also upgraded Lionsgate (LGF), with whom Starz has agreed to merge, to Buy from Hold.
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