** Shares of media giant Paramount Global PARA.O fall 1.2% to $11.59 in premarket trading
** Deutsche Bank cuts co's rating to "hold" from "buy" and PT to $12 from $15
** Brokerage cites increasing risk to advertising outlook and more attractive investment alternatives in the sector
** "The media industry has continued to evolve over the past nine months since the merger(Paramount-Skydance) agreement was signed, but we don't know how Skydance's plans and target have evolved in response to such changes" - brokerage
** 5 of 25 brokerages rate stock "buy" or higher, 11 "hold" and 9 "sell" or lower; their median PT is $11
** Stock had fallen 29.3% in 2024
(Reporting by Harshita Mary Varghese in Bengaluru)
((HarshitaMary.Varghese@thomsonreuters.com))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。