Lionsgate's stock got support from Cowen & Co. analyst Doug Creutz, who in a Thursday report called it "our best idea among our covered small-and mid-[sized] names." Reiterating his "outperform" rating and $14 price target on the stock, he called Lionsgate an "under-appreciated [streaming] play." And he told investors: "We view the recent share weakness as an opportunity to own Lionsgate stock at an attractive valuation given likely revenue and free cash flow acceleration into 2021." Starz global streaming subscriber count stands at 10.6 million, but is expected to reach 13 million-15 million by the end of the year, "at which point they will likely be over 50 percent of total subscribers," the analyst highlighted.
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