Rosenblatt Reiterates Sell on Paramount Global, Maintains $12 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Barton Crockett has reiterated a Sell rating on Paramount Global (NASDAQ:PARA) and maintained a $12 price target on the stock.
January 29, 2024 | 1:26 pm
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NEGATIVE IMPACT
Rosenblatt analyst Barton Crockett reiterates a Sell rating on Paramount Global with a maintained price target of $12.
The reiteration of a Sell rating by a notable analyst could negatively influence investor sentiment and potentially lead to a decrease in stock price in the short term. The maintained price target of $12 suggests that the analyst believes the stock is currently overvalued, which could further impact the stock negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100