Barclays upgraded ProSiebenSat.1 Media to Overweight from Equal Weight with a price target of EUR 8, up from EUR 6.50. The firm’s analysis points to more upside for cyclicals and value names than for growth and quality names in European media. Consequently, the analyst’s preferred names are weighted to the cyclicals/value names.
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- ProSiebenSat.1 price target lowered to EUR 6.20 from EUR 6.80 at Morgan Stanley
- ProSiebenSat.1 Media price target lowered to EUR 6.50 from EUR 7.15 at Barclays
- ProSiebenSat.1 Media price target lowered to EUR 7 from EUR 10 at Deutsche Bank
- ProSiebenSat.1 Media price target lowered to EUR 10 from EUR 11 at JPMorgan