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- S&P 500, Nasdaq drop as tech megacap declines outweigh upbeat Micron forecast
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- 'Long-term deals significant positive for stock:' Analysts react to Micron results
Paramount Global (PARA) cut to sell at BofA as asset sales fail to materialize
November 6, 2023 10:19 AM ESTParamount 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

