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Paramount Skydance upgraded to Neutral from Sell at Seaport Research

Seaport Research analyst David Joyce upgraded Paramount Skydance (PSKY) to Neutral from Sell with no price target A “broad, technologically-forward strategy” has been announced, as expected, but without significant details or updated financial projections, which the firm believes will be lower than when the merger was announced last year, the analyst tells investors.

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