Barclays Maintains Underweight on Paramount Global, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Joyce has maintained an 'Underweight' rating on Paramount Global (NASDAQ:PARA) and lowered the price target from $13 to $11.
October 09, 2023 | 10:02 am
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NEGATIVE IMPACT
Barclays has maintained an 'Underweight' rating on Paramount Global and lowered the price target from $13 to $11.
The lowered price target by Barclays indicates a bearish outlook for Paramount Global. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100