Raymond James Initiates Coverage On Paramount Global with Market Perform Rating
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Ric Prentiss has initiated coverage on Paramount Global (NASDAQ:PARA) with a Market Perform rating.
September 18, 2023 | 9:28 am
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Raymond James has initiated coverage on Paramount Global with a Market Perform rating, indicating a neutral outlook for the stock.
The Market Perform rating from Raymond James suggests that the analyst expects Paramount Global's stock to perform in line with the average return of the analysts' industry coverage universe over the next 6-12 months. This could potentially lead to a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100