Where Paramount Global Stands With Analysts
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 10 analysts have published their opinion on Paramount Global (NASDAQ:PARA) stock. The average price target for the stock is $18.9, a decrease of 4.69% from the previous average price target of $19.83. The ratings include 5 bullish, 1 indifferent, and 4 bearish.
October 06, 2023 | 12:00 pm
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NEUTRAL IMPACT
Analysts have given mixed reviews on Paramount Global's stock, with a slight majority leaning towards a bullish outlook. The average price target has decreased, indicating a potential downward trend.
The mixed analyst ratings indicate uncertainty about the stock's future performance. The decrease in the average price target suggests that analysts are less optimistic about the stock's potential for growth, which could negatively impact its short-term price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100