Paramount Global (PARA) has shown some significant movements in the market recently, with several investment firms adjusting their stakes in the company. Slate Path Capital LP, Gabelli Fund, Bridgewater Associates LP cleared significant holdings. Some institutions like Credit Industriel ET Commercial, Canada Pension Plan Investment Board, and Jump Financial LLC have made new investments in the company. Despite the high volatility and bearish views from analysts like Jim Cramer, the demand for the company's stocks remains steady. Amid rumors about a merger extension with Skydance Media again, Paramount Global is expected to come out strong. However, Deutsche Bank downgraded Paramountβs rating to a hold, and UBS maintained a sell rating for the company, giving a somewhat mixed picture of the companyβs prospects. Even though there is an expectation of a boost in earnings, reports of losses suggest disappointment. In light of these, the upcoming earnings report is highly anticipated with some expecting an encouraging outlook from streaming results, while others show concern over areas where the company is underperforming. Overall, despite the tumultuous condition, the long-term value proposition of Paramount para is gathering interest among many investors and holding firms.
Paramount Global Stocks News Analytics from Wed, 30 Oct 2024 07:00:00 GMT to Sat, 26 Apr 2025 12:26:50 GMT -
Rating 2
- Innovation 1
- Information 2
- Rumor -1
