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Para stock price forecast remains cautiously optimistic after

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Para stock price forecast remains cautiously optimistic after last week's 2.3% uptick. Institutional buyers are increasing positions as dividend yield stands at 4.2%, attractive in a slowing economy. Chart patterns indicate a breakout possibility above $13.50 resistance if streaming and ad revenues continue to outperform market consensus in the next earnings release. It's also important for investors to be aware of any recent modifications to analyst estimates for Paramount Global-B. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy. Para stock price forecast takes a bullish tilt as PARA attracts volume from growth-focused funds. Price currently sits at $13.15, eyeing the next resistance near $13.