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Fly News Breaks for August 3, 2015
STRZA
Aug 3, 2015 | 08:13 EDT
As previously reported, Morgan Stanley downgraded Starz to Equal Weight from Overweight with a $42 price target. The firm downgraded shares due to year-to-date share strength and reduced operating momentum. Morgan Stanley continues to see upside from M&A, but said international buyers may be on the sidelines for now and sees no clear catalysts until 2016.
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