Apple, Bloomin Brands, Sempra fall premarket; Cinemark, Block rise

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Go back to Apple, Bloomin Brands, Sempra fall premarket; Cinemark, Block rise

Paramount Global (PARA) cut to sell at BofA as asset sales fail to materialize

November 6, 2023 10:19 AM EST

Paramount Global (NASDAQ: PARA) is hard to buy if there is no sale, according to BofA analyst Jessica Reif Ehrlich, who double downgraded the stock to Underperform from Buy and lowered the price target to $9 from $32 in a note Monday.

The analyst explained... More