Paramount Global (PARA), a prominent player in the
streaming service industry, displayed a mixed performance judging by recent market updates. The company declared its
Quarterly Cash Dividend payable on April 1, 2025. Amid new
merger doubts, Paramount Global identified fresh
profit growth avenues and strong content. The overall recommendation from brokerage firms leans towards
Reduce with an average price target of
$12.58. Several asset management corporations have adjusted their positions in Paramount Global stocks. Paramount Global could reportedly face a contesting
takeover offer; it has also planned to strengthen its balance sheet strategy by redeeming $125.6M Senior Notes early. Despite the optimistic outlook, the company has announced
massive layoff plans, and the stock faces headwinds amid the transition to streaming. Nevertheless, Paramount Global remains a noticeable player in the NASDAQ scene, especially among the stocks valued
under $20.
Paramount Global Stocks News Analytics from Tue, 18 Jun 2024 07:00:00 GMT to Sat, 22 Feb 2025 19:18:55 GMT -
Rating 2
- Innovation 3
- Information 6
- Rumor -7
