Morgan Stanley Maintains Underweight on Paramount Global, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne has maintained an Underweight rating on Paramount Global (NASDAQ:PARA) and lowered the price target from $15 to $9.
November 01, 2023 | 12:50 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Underweight rating on Paramount Global and lowered the price target from $15 to $9.
The lowered price target by Morgan Stanley 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