Paramount Global (PARA) Downgraded By Loop Capital

Paramount Global (PARA) has been downgraded to sell from hold by Loop Capital. George Tsilis joins Jenny Horne and Caroline Woods to discuss PARA. He notes that PARA's price target was slashed to $14 from $30 by Loop Capital. He compares PARA to other streaming services such as Amazon (AMZN), Walt Disney (DIS), and Alphabet (GOOGL). He then goes over how investors can approach media stocks. Tune in to find out more about the stock market today.

Next Gen Investing

23 Dec 2022

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