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Analysts Have Conflicting Sentiments on These NA Companies: Eventbrite (EB) and Paramount Global Class B (PARA)

Analysts have been eager to weigh in on the NA sector with new ratings on Eventbrite (EBResearch Report) and Paramount Global Class B (PARAResearch Report).

Eventbrite (EB)

J.P. Morgan analyst Dae Lee maintained a Hold rating on Eventbrite on November 3 and set a price target of $10.00. The company’s shares closed last Tuesday at $8.24.

According to TipRanks.com, Lee is a 1-star analyst with an average return of -20.2% and a 10.0% success rate. Lee covers the NA sector, focusing on stocks such as Zillow Group Class C, Zillow Group Class A, and Offerpad Solutions.

Currently, the analyst consensus on Eventbrite is a Moderate Buy with an average price target of $12.00.

See the top stocks recommended by analysts >>

Paramount Global Class B (PARA)

In a report issued on November 3, Philip Cusick from J.P. Morgan maintained a Sell rating on Paramount Global Class B, with a price target of $13.00. The company’s shares closed last Tuesday at $12.84, close to its 52-week low of $10.51.

According to TipRanks.com, Cusick is a 4-star analyst with an average return of 5.2% and a 56.0% success rate. Cusick covers the NA sector, focusing on stocks such as Frontier Communications Parent, Charter Communications, and SBA Communications.

The word on The Street in general, suggests a Hold analyst consensus rating for Paramount Global Class B with a $14.56 average price target, representing a 15.4% upside. In a report issued on November 6, Bank of America Securities also downgraded the stock to Sell with a $9.00 price target.

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