Paramount Global (NASDAQ:PARA) has seen varied assessments from financial instituations. Citigroup gave a neutral rating, while Benchmark maintained a buy rating but reduced its price target to $16. Deutsche Bank downgraded the stock rating to Hold. Wall Street Zen and UBS have initiated coverage and maintained a sell-rating respectively. It witnessed several activities by retirement and asset management firms. The California State Teachers Retirement System, UBS ASSET MANAGEMENT AMERICAS LLC, The Manufacturers Life Insurance Company, and Ameriprise Financial Inc. are among those who have sold shares, while Neo Ivy Capital Management and Royal Bank Captrust Financial Advisors have lowered their positions. Investments come from Financial Advisors, Wellington Management Group LLP, Two Sigma Advisers LP, Northern Trust Corp, AQR Capital Management LLC and Toronto Dominion Bank while new purchases have been made by Universal Beteiligungs und Servicegesellschaft mbH, Lighthouse Investment Partners LLC, and Amundi. Paramount was the target of high options trading. Quarterly dividends were declared and Q1 earnings were released, with disappointing revenue figures and a beat on estimates. Speculations about a merger with Skydance Media have raised concerns.
Paramount Global Stocks News Analytics from Mon, 11 Nov 2024 08:00:00 GMT to Fri, 06 Jun 2025 20:07:18 GMT -
Rating -3
- Innovation 2
- Information 7
- Rumor -3
