Bernstein Remains a Sell on Paramount Skydance (PSKY)
Bernstein analyst Laurent Yoon maintained a Sell rating on Paramount Skydance yesterday and set a price target of $12.00. The company’s shares closed yesterday at $10.39.
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According to TipRanks, Yoon is an analyst with an average return of -0.1% and a 53.85% success rate. Yoon covers the Communication Services sector, focusing on stocks such as Paramount Skydance, Netflix, and Warner Bros.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Paramount Skydance with a $12.33 average price target.
Based on Paramount Skydance’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.7 billion and a GAAP net loss of $257 million. In comparison, last year the company earned a revenue of $6.73 billion and had a net profit of $1 million
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