Barclays downgraded ProSiebenSat.1 Media (PBSFY) to Equal Weight from Overweight with a price target of EUR 7, down from EUR 7.50. The firm says macro risks have increased in European media.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PBSFY:
- ProSiebenSat.1 Media downgraded to Neutral from Overweight at JPMorgan
- ProSiebenSat.1 Media downgraded to Hold from Buy at DZ Bank
- ProSiebenSat.1 Earnings Call: Mixed Results and Future Plans
- ProSiebenSat.1 Media SE Reports Revenue Growth in 2024
- ProSiebenSat.1 Media SE (PBSFY) Q4 Earnings Cheat Sheet