Para stock price analysts tracking Para stock price note

Analysts tracking Para stock price note a 0.8% gain over the past five trading days, driven by sector-wide optimism in media and entertainment after stronger-than-expected streaming subscriber data. Technical charts show a potential breakout if volume exceeds the 15-day average. The company's stock has dropped by 12.73% in the past month, falling short of the Consumer Discretionary sector's gain of 3.27% and the S&P 500's gain of 3.56%. Based on the varying analyst ratings, PARA stock has a Moderate Sell consensus rating on TipRanks. This is based on two Buys, seven Holds, and seven Sell ratings. The average Paramount Global price target of $11.92 implies 8.4% downside potential from current levels. Year-to-date, PARA stock has gained 25.5%. The Para stock price closed yesterday at $11.48, marking its third consecutive positive session. Options market data show growing call volume interest at the $12 strike.