Analysts Offer Insights on Communication Services Companies: Paramount Global Class B (PARA) and IMAX (IMAX)
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Paramount Global Class B (PARA)
TD Cowen analyst Doug Creutz reiterated a Hold rating on Paramount Global Class B today and set a price target of $14.00. The company's shares closed last Thursday at $13.26.
According to TipRanks.com, Creutz is a 5-star analyst with an average return of 14.8% and a 65.8% success rate. Creutz covers the NA sector, focusing on stocks such as Live Nation Entertainment, Starz Entertainment Corp, and Warner Music Group. ;'>
Paramount Global Class B has an analyst consensus of Moderate Sell, with a price target consensus of $12.00, which is a -9.0% downside from current levels. In a report issued on July 22, Needham also maintained a Hold rating on the stock.
IMAX (IMAX)
In a report released today, Patrick Sholl from Barrington reiterated a Buy rating on IMAX, with a price target of $32.00. The company's shares closed last Thursday at $28.29.
According to TipRanks.com, Sholl is a 2-star analyst with an average return of 0.6% and a 58.8% success rate. Sholl covers the NA sector, focusing on stocks such as Paramount Global Class B, Clear Channel Outdoor, and Nexstar Media Group. ;'>
Currently, the analyst consensus on IMAX is a Strong Buy with an average price target of $33.11, which is a 13.7% upside from current levels. In a report issued on July 16, TR | OpenAI – 4o also upgraded the stock to Buy with a $31.00 price target.
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