JPMorgan Chase & Co. Cuts Starz Entertainment (NASDAQ:STRZ) Price Target to $13.00

Starz Entertainment (NASDAQ:STRZ - Get Free Report) had its price target lowered by research analysts at JPMorgan Chase & Co. from $16.00 to $13.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price objective would indicate a potential upside of 25.48% from the stock's previous close.Other equities research analysts have also issued reports about the company. Baird R W upgraded Starz Entertainment to a "hold" rating in a research note on Friday, September 5th. Morgan Stanley dropped their target price on shares of Starz Entertainment from $14.00 to $13.00 and set an "equal weight" rating for the company in a research report on Friday. Zacks Research upgraded Starz Entertainment to a "hold" rating in a report on Wednesday, September 17th. Wall Street Zen downgraded shares of Starz Entertainment from a "hold" rating to a "sell" rating in a report on Saturday. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Starz Entertainment in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $20.00.Get Starz Entertainment alerts:Check Out Our Latest Analysis on Starz EntertainmentStarz Entertainment Price PerformanceShares of NASDAQ STRZ traded up $0.25 during midday trading on Monday, hitting $10.36. 38,477 shares of the stock traded hands, compared to its average volume of 169,332. Starz Entertainment has a one year low of $8.00 and a one year high of $22.98. The stock has a 50-day moving average price of $12.45. Starz Entertainment (NASDAQ:STRZ - Get Free Report) last posted its quarterly earnings data on Thursday, February 3rd. The company reported $0.21 EPS for the quarter. The firm had revenue of $836.40 million for the quarter. Insider Activity at Starz EntertainmentIn related news, Director Harry Sloan acquired 8,100 shares of the firm's stock in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average cost of $12.98 per share, for a total transaction of $105,138.00. Following the purchase, the director directly owned 42,260 shares of the company's stock, valued at $548,534.80. This trade represents a 23.71% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last three months, insiders acquired 15,796 shares of company stock valued at $201,896. Institutional Investors Weigh In On Starz EntertainmentSeveral institutional investors have recently bought and sold shares of STRZ. Russell Investments Group Ltd. acquired a new stake in shares of Starz Entertainment in the 2nd quarter worth $28,000. CWM LLC acquired a new stake in Starz Entertainment during the 2nd quarter valued at approximately $33,000. BNP Paribas Financial Markets grew its position in Starz Entertainment by 101.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,525 shares of the company's stock worth $37,000 after purchasing an additional 1,274 shares during the period. Legal & General Group Plc purchased a new stake in shares of Starz Entertainment in the second quarter worth about $41,000. Finally, New York State Common Retirement Fund acquired a new stake in shares of Starz Entertainment during the 2nd quarter worth approximately $48,000. Starz Entertainment Company Profile (Get Free Report)Starz is a premium cable and streaming network owned by Starz Entertainment, which was formerly a part of Lionsgate. Starz had about 20 million subscribers in the U.S. and Canada as of Dec. 31, 2024. The company's franchises include “Outlander” and “Power." See AlsoFive stocks we like better than Starz EntertainmentStock Analyst Ratings and Canadian Analyst RatingsWhy These 3 Tech Stocks Could Be the Best Opportunities You're Overlooking3 Grocery Stocks That Can Help Take a Bite Out of Inflation Does Insider Buying Signal Value in the WD-40 Company?What is the S&P/TSX Index?5 Small-Cap Stocks With Impressive Growth and Upside PotentialThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Starz Entertainment Right Now?Before you consider Starz Entertainment, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Starz Entertainment wasn't on the list.While Starz Entertainment currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here