- A bet on Starz (NASDAQ:STRZA) at its current level factors in a takeover, warn some media analysts who think valuation is too high.
- The loss of exclusive rights to Disney movies in 2016 makes pinning a number on Starz problematic, they note.
- Several entertainment giants are reported to have walked away from the $5B takeover price Starz wants.
- The bull camp thinks strong original programming from Starz gives it upside.
- Starz (STRZA) was upgraded by Macquarie to an Outperform rating from Neutral.
- STRZA +2.2% premarket to $28.37.