NEW YORK (dpa-AFX Broker) - The US bank JPMorgan has upgraded ProSiebenSat.1 from "Neutral" to "Overweight" and raised its target price from 9.40 to 11.10 euros. In an industry commentary on Wednesday evening, analyst Daniel Kerven included the media group's shares in his "Super Six" for the second half of the year. The advertising market has stabilized and should pick up even more in the event of economic surprises. In addition, sales of Flaconi or the Consumer Advice division in the second half of the year could better crystallize the true value of the Group. They could also pave the way for a takeover by MediaforEurope or a merger./ag/mis

Publication of the original study: 10.07.2024 / 20:58 / BST

First dissemination of the original study: 11.07.2024 / 00:15 / BST