02:15 PM EDT, 05/09/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our target price by $1 to $13 applying a forward TEV/EBITDDA at 7.4x that is lower than the five-year historic average at 8.7x but in line with the mean in 2024 at 7.5x. We lower our 2025 EPS by $0.05 to $1.40 and reduce 2026's by $0.15 to $1.55, both in line with the consensus. Our revenue projections are $28.45B in '25 and $28.95B in '26, respectively. PARA reported Q! 2025 EPS of $0.29, $0.02 better than consensus. To redefine the company, we are positive about the announced merger with Skydance Media, which will acquire 100% of National Amusements, a controlling shareholder of PARA. The deal is expected to close before June 30. The "what if" lies with change of control when Skydance Media closes its purchase of National Amusements, controlling shareholder of PARA.