Benchmark Reiterates Buy on Paramount Global, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Daniel Kurnos has reiterated a Buy rating on Paramount Global (NASDAQ:PARA) and maintained a $30 price target for the company's stock.
December 18, 2023 | 3:03 pm
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POSITIVE IMPACT
Benchmark analyst Daniel Kurnos has reaffirmed a Buy rating on Paramount Global with a steady price target of $30, indicating a positive outlook for the stock.
The reiteration of a Buy rating by a reputable analyst typically instills confidence in current and potential investors, suggesting a bullish outlook for the stock. The maintained price target of $30 indicates that the analyst believes the stock has the potential to reach or exceed this value in the short term, which could positively influence the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100