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Viacom upgraded to sector weight at KeyBanc on Paramount+ strength

Jan. 25, 2022 7:53 AM ETParamount Global (PARA) StockDIS, NFLX, LGF.A, CMCSA, TBy: Chris Ciaccia, SA News Editor10 Comments

CBS And Viacom Reach Deal for 12 Billion Dollar Merger

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  • ViacomCBS (NASDAQ:VIAC) is getting an upgrade from KeyBanc Capital to sector weight, as the investment firm notes the company's direct-to-consumer efforts are resonating with consumers.
  • Analyst Brandon Nispel upgraded the stock to sector weight from underweight

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