$Paramount Global(PARA)$ - speculative bullish
This is a very interesting ticker at $11.
15% owned by berkshire and buffet.
Multiple acquisition talks ongoing with potential merger or sales on the table.
Downside probably at around 52 weeks low 10.51
Upside probably ranges from 12-15 or more at a fairly conservative estimate If the acquisition materializes.
Earnings was positive with great EPS beat of 0.05 compared to estimates of -0.01 expectations, with some headwind on growth and costs.
Modify on 2024-03-01 15:07
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