Paramount Global has recently sparked interest among financial investors due to its considerable
momentum in the stock market, turning the entertainment company into a popular buying option among billionaires.
Swiss National Bank and
Vestcor Inc have reduced their stakes, while
Zurcher Kantonalbank Zurich Cantonalbank, Thompson Siegel & Walmsley LLC and Contrarius Group Holdings Ltd significantly increased their shares. Traders are also increasingly buying put options on the company's stock.
Analysts are divided on Paramount's future performance, between those predicting growth and others betting otherwise. The company's stocks recently hit a golden cross, indicating a building bullish momentum. Despite disappointing Q4 earnings and revenue,
Seaport Res Ptn remains optimistic about the Q2 earnings. A SWOT analysis shows the corporation faces strategic uncertainties amid its mixed financial performance. A potential merger with
Skydance has drawn attention.
Morgan Stanley has raised Paramount's price target to $11.00, indicating a favorable outlook. Lastly, Allianz Asset Management GmbH and Blackhawk Capital Partners LLC have recently purchased Paramount shares.
Paramount Global Stocks News Analytics from Mon, 08 Jul 2024 07:00:00 GMT to Sat, 22 Mar 2025 01:52:54 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -6
