🟢 PSKY trades 4% higher despite Wells Fargo price target cut to $8

PSKY is trading at $9.66 (+4.49%), showing resilience after Wells Fargo lowered its price target on the stock.

• Wells Fargo analyst Steven Cahall maintained an "Underweight" rating on Paramount Skydance but reduced the price target to $8.00 from $10.00.
• The stock is outperforming the broader market, which is experiencing volatility amid geopolitical tensions following President Trump's address on Iran. The S&P 500 and NASDAQ saw declines during the day.
• PSKY has demonstrated positive momentum over the past three trading sessions, with gains of +2.55% on April 1 and +1.12% on March 31.