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A BofA analyst double-downgraded Paramount shares Monday, turning bearish.

Paramount Global (NASDAQ:PARA – Get Free Report) has been given an average recommendation of “Reduce” by the nineteen brokerages that are currently covering the stock, MarketBeat reports. Eight equities research analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company. […]

Paramount Global (NASDAQ:PARA – Get Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $13.76, but opened at $13.09. Paramount Global shares last traded at $13.27, with a volume of 2,720,245 shares traded. Wall Street Analyst Weigh In A number of brokerages have recently issued reports […]

Bank of Nova Scotia trimmed its position in Paramount Global (NASDAQ:PARA – Free Report) by 63.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,696 shares of the company’s stock after selling 25,718 shares during the period. Bank of […]

BofA Securities analyst Jessica Reif Ehrlich cuts her recommendation on shares of Paramount to Underperform from Buy. Paramount stock drops.