B. Riley Securities initiated coverage on Starz Entertainment with a Buy rating, citing enthusiasm for its separation from Lionsgate and a path to a stronger financial framework not fully reflected in the current valuation. Analyst Drew Crum forecasts over-the-top revenue to grow at a compound annual rate of more than 4% from 2025 to 2029, representing 80% of total revenue, and is constructive on the new programming strategy targeting women and underrepresented audiences. Higher cash flow generation is expected to accelerate debt reduction, and the firm set a price target of $45, implying over 70% return potential from the June 25 close. Shares were up 0.1% in premarket trading to $28.94 and have more than doubled in 2026.
Starz Entertainment LLCB. Riley initiated coverage with a Buy rating and $45 price target, citing undervaluation and strong financial outlook.
Lionsgate Studios Holding Corp.