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ProSiebenSat.1 Media upgraded to Overweight from Neutral at JPMorgan

JPMorgan analyst Daniel Kerven upgraded ProSiebenSat.1 Media to Overweight from Neutral with a price target of EUR 11, up from EUR 9.40. The analyst favors domestic European media value names and is “more wary” of U.S. exposure in the curernt backdrop.

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