Guggenheim Maintains Buy on Paramount Global, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Michael Morris maintains a Buy rating on Paramount Global but lowers the price target from $19 to $14.
September 25, 2024 | 5:03 pm
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Guggenheim's analyst Michael Morris continues to recommend buying Paramount Global stock but has reduced the price target from $19 to $14, indicating a more cautious outlook.
The maintained Buy rating suggests confidence in Paramount Global's potential, but the lowered price target reflects a more cautious stance on its short-term valuation. This mixed signal may lead to neutral short-term price movement.
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IMPORTANCE 80
RELEVANCE 100