The fair value estimate for Starz Entertainment has been lifted from US$19.38 to US$28.50 following first-quarter results, reflecting more constructive analyst views. JPMorgan raised its price target to US$25 from US$13 while maintaining a neutral stance, and Deutsche Bank increased its target to US$26 from US$17 with a hold rating. Baird upgraded the stock, citing improved confidence in execution. Despite the higher targets, both JPMorgan and Deutsche Bank kept neutral or hold ratings, signaling that execution risks and valuation constraints remain. The revised fair value incorporates a smaller assumed revenue decline of 0.36% versus 2.81% previously, a higher net profit margin of 11.10%, a forward P/E multiple of 4.63x, and a lower discount rate of 12.0%.
Starz Entertainment LLCAnalyst target increases and fair value estimate raised after Q1 results
JPMorgan Chase & Co