Paramount Faces PayTV Declines, But Streaming And Licensing Gains Prompt Analyst Estimate Revisions
1. JP Morgan maintains Underweight rating on PARA with $11 price target. 2. PayTV declines present significant challenges for Paramount's revenue. 3. Paramount+ expected to reach profitability in 2025, aided by content slate. 4. Analyst raised 2025 OIBDA and free cash flow estimates for Paramount. 5. Paramount faces advertising and affiliate challenges in near term.