Paramount Global Eyes Profitability, Analysts Assess Subscriber Surge And Cost Savings

Wall Street analysts rerated Paramount Global PARA after the company reported its fourth-quarter report on Wednesday.Paramount reported $7.98 billion in revenue, falling short of the expected $8.07 billion. The company added 5.6 million subscribers in the fourth quarter, marking its best quarter in two years.Also Read: Payoneer Q4: 17% Revenue Growth, $22.5 Billion In Transactions, B2B Payments Up 37%, Revenue Target SurgesGuggenheim analyst Michael Morris reiterated Paramount Global with a Buy and a $14 pr ...