Evercore ISI Group Maintains In-Line on Paramount Global, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Vijay Jayant maintains an In-Line rating on Paramount Global (NASDAQ:PARA) and lowers the price target from $18 to $15.
July 24, 2023 | 3:30 pm
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Evercore ISI Group has maintained an In-Line rating on Paramount Global and lowered the price target from $18 to $15.
The lowering of the price target by Evercore ISI Group indicates a potential decrease in the stock price of Paramount Global in the short term. This is because the new price target is lower than the previous one, suggesting that the analyst believes the stock is currently overvalued.
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IMPORTANCE 80
RELEVANCE 100