Financial Analyst Warns of Likely Growth Struggles at Paramount

Financial analyst warns of likely growth struggles at Paramount

(Photo courtesy Paramount Global / CBS News & Stations)paramount A veteran Wall Street analyst is expressing caution over growth opportunities involving Paramount following its merger with Skydance Media in August. On Friday, Jessica Reif Ehrlich of Bank of America Securities gave Paramount an “Underperform” rating and a one-year price target of $11 a share. In a note to investors, Ehrlich said the company holds the potential to transform into a…

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Bank of America initiates Paramount Skydance at underperform, says 'big picture is cloudy'

Analyst Jessica Ehrlich said the stock's risk-reward ratio appears unfavorable in the near term.

Veteran Analyst Says Paramount Skydance Growth Could Take Years | Radio & Television Business Report

When it comes to covering broadcast media companies as a financial analyst, Jessica Reif Ehrlich (née Cohen) has established herself as perhaps the Helen Thomas of Wall Street, emerging as the most prominent veteran focused on both Radio and Television. Today at Bank of America Securities, Ehrlich has initiated coverage on Paramount Skydance Corp.  Investors will hardly be excited over Ehrlich’s initial analysis, which points to a long, slow gro…