Seaport Global Initiates Coverage On Paramount Global with Buy Rating, Announces Price Target of $17
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst David Joyce has initiated coverage on Paramount Global (NASDAQ:PARA) with a Buy rating and a price target of $17.
October 06, 2023 | 2:39 pm
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Seaport Global has initiated coverage on Paramount Global with a Buy rating and a price target of $17, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. A Buy rating indicates that the analyst believes the stock will outperform the market, which can lead to increased investor interest and a potential rise in stock price. The price target of $17 suggests that the analyst sees significant upside potential for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100