Paramount Skydance (NASDAQ:PSKY) Now Covered by Wells Fargo & Company

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Wells Fargo & Company has initiated coverage on Paramount Skydance (NASDAQ:PSKY) with an “underweight” rating and a $10 price target, suggesting an 11.5% downside. The company currently has a “Strong Sell” consensus rating from analysts, with a target price of $13.15. Paramount Skydance recently reported an EPS of $999.00 and revenue of $8.15 billion, exceeding earnings estimates but falling slightly short on revenue expectations.

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