Optimism bloomed in the media business after Donald Trump was elected last November. Executives trumpeted a more M&A-friendly ...

Another user said Disney stock is undervalued. Paramount Global (PARA ... Texas Capital initiated coverage of the stock with a ‘Buy’ rating and a $31 price target, The Fly reported.

The Ellisons and private equity firm RedBird Capital Partners agreed last summer to buy the Redstones’ National Amusements. After that, Paramount will buy Skydance at a valuation of $4.75 billion.

Deutsche Bank downgraded Paramount (PARA) to Hold from Buy with a price target of $12, down from $15. The firm sees the stock’s risk/reward as ...