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home / news releases / PARA - Wolfe Research doubtful on Paramount-Skydance's optimistic post-merger forecast cuts rating

PARA - Wolfe Research doubtful on Paramount-Skydance's optimistic post-merger forecast cuts rating

Paramount Global

2024-07-09 10:16:32 ET

Wolfe Research downgraded Paramount Global ( NASDAQ: PARA ) on Tuesday to "underperform" from "peer perform" on the company's financial assumptions post-merger with Skydance and raised doubts on whether the deal will help the media giant grow its direct-to-consumer business....

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Wolfe Research doubtful on Paramount-Skydance's optimistic post-merger forecast, cuts rating
Stock Information
Company Name: Paramount Global
Stock Symbol: PARA
Market: NASDAQ
Website: paramount.com
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