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ProSiebenSat.1 Media downgraded to Reduce from Hold at Kepler Cheuvreux

Kepler Cheuvreux analyst Conor O’Shea downgraded ProSiebenSat.1 Media (PBSFY) to Reduce from Hold with a price target of EUR 6, down from EUR 6.50. The firm sees the shares falling once the current offers elapse on August 13.

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