Deutsche Bank Maintains Buy on Paramount Global, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Bryan Kraft maintains a Buy rating on Paramount Global (NASDAQ:PARA) but lowers the price target from $28 to $25.
May 24, 2023 | 2:17 pm
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Deutsche Bank maintains Buy rating on Paramount Global (NASDAQ:PARA) but lowers the price target from $28 to $25.
Deutsche Bank's lowered price target for Paramount Global may cause some short-term uncertainty among investors, but the maintained Buy rating indicates that the analyst still believes in the company's potential for growth. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100