JP Morgan Maintains Underweight on Paramount Global, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Philip Cusick maintains an Underweight rating on Paramount Global (NASDAQ:PARA) and lowers the price target from $12 to $11.
August 15, 2024 | 12:13 pm
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JP Morgan analyst Philip Cusick maintains an Underweight rating on Paramount Global and lowers the price target from $12 to $11.
The lowered price target and maintained Underweight rating by JP Morgan suggest a negative outlook on Paramount Global's stock, likely leading to a short-term decline in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100