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MoffetNathanson downgrades Paramount, citing lower ad spend ahead of potential recession
Finance

MoffetNathanson downgrades Paramount, citing lower ad spend ahead of potential recession

July 22, 2022 admin-dominor



MoffetNathanson rated Paramount Global underperform and slashed its price target to $18 from $30, citing growing risk of lower advertising spend going forward.



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