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Paramount Skydance price target raised to $14 from $10 at JPMorgan

JPMorgan raised the firm’s price target on Paramount Skydance (PSKY) to $14 from $10 and keeps an Underweight rating on the shares ahead of the Q3 report on November 10. The firm cites the company’s planned cost efficiencies for the target increase but remains cautious on the shares into the earnings print.

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