ViacomCBS (VIACA) Rebrands to Paramount Global
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ViacomCBS (VIAC) PT Lowered to $40 at Guggenheim
February 16, 2022 6:38 AM ESTGuggenheim analyst Michael Morris lowered the price target on ViacomCBS (NASDAQ: VIAC) to $40.00 (from $53.00) while maintaining a Buy rating following results and rebranding to 'Paramount' "which sets an ambitious investment plan to scale new streaming heights."
The analyst commented, "ViacomCBS management delivered a detailed... More
