Paramount to raise streaming prices as ad slump knocks revenue
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Paramount Global (PARA) PT Raised to $18 at Macquarie
February 17, 2023 8:35 AM ESTMacquarie analyst Tim Nollen raised the price target on Paramount Global (NASDAQ: PARA) to $18.00 (from $15.00) while maintaining a Underperform rating. The analyst notes:
"As we expected when we downgraded PARA last month: 4Q22 results were weak, and 2023E earnings will get worse... More