Goldman Sachs Initiates Coverage On Paramount Global with Sell Rating, Announces Price Target of $9.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has initiated coverage on Paramount Global (NASDAQ:PARA) with a Sell rating and a price target of $9.5.
June 25, 2024 | 9:19 am
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Goldman Sachs has initiated coverage on Paramount Global with a Sell rating and a price target of $9.5, indicating a bearish outlook.
The Sell rating and low price target from a major financial institution like Goldman Sachs are likely to negatively impact investor sentiment and the stock price of Paramount Global in the short term.
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IMPORTANCE 80
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