Paramount Global (PARA) lifted at Wells Fargo on increased probability of 2024 M&A event
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Midday movers: FedEx, Alphabet, and more
December 20, 2023 8:06 AM EST(Updated - December 20, 2023 12:02 PM EST)
Investing.com -- Main U.S. indexes were slightly higher on Wednesday as investors paused for breath after a multi-week rally based on optimism of interest rate cuts from the Federal Reserve next year.
Here are some of the biggest U.S. stock movers today:
FedEx (NYSE: FDX) stock slumped over 11% after the delivery giant slashed its full-year revenue guidance and posted weaker-than-anticipated quarterly profit, warning customer demand will face strong headwinds.
General Mills (NYSE:... More
Wells Fargo Upgrades Paramount Global (PARA) to Equal Weight
December 20, 2023 4:46 AM ESTWells Fargo analyst Steven Cahall upgraded Paramount Global (NASDAQ: PARA) from Underweight to Equal Weight with a price target of $18.00 (from $15.00).
For an analyst ratings summary and ratings history on Paramount Global click here. For more ratings news on Paramount Global click here.
Shares of Paramount Global closed at $15.82 yesterday.
... MoreShari Redstone seeking as much as $1.8B to relinquish control of National Amusements - FBN
December 19, 2023 3:31 PM ESTShari Redstone seeking as much as $1.8B to relinquish control of National Amusements - FBN
Paramount Global (NASDAQ:... MoreParamount Global (PARA) PT Raised to $11 at Morgan Stanley
December 18, 2023 10:05 AM ESTMorgan Stanley analyst Benjamin Swinburne raised the price target on Paramount Global (NASDAQ: PARA) to $11.00 (from $9.00) while maintaining a Underweight rating.... More
