Paramount Skydance price target raised to $19 from $16 at Benchmark

Benchmark raised the firm’s price target on Paramount Skydance (PSKY) to $19 from $16 and keeps a Buy rating on the shares. Paramount Skydance showcased “the inherent leverage in the model” in Q3 before guiding revenue above the Street in Q4 and also beating initial 2026 consensus by about $500M on both the top and bottom lines, the analyst tells investors. While the firm doubts the skeptics will be swayed by this initial print, it adds that it has to imagine that the initial guidance “has to be something management feels they should have no problem achieving,” the analyst added.