Mediaset in reverse to Piazza Affari. The shares of the Alfa Romeo are affected by the recent downward revision of some judgments by business houses, as well as the fear of competition from Sky, which is aiming to create a super-platform at European level.
Il title Mediaset dropped 1,66% in mid-morning, settling at 3,08 EUR. Today, Nomura's experts cut the target price from 3,8 to 3,6 euros, in light of fears about advertising sales. However, the same analysts confirmed the recommendation of neutral on Alfa Romeo shares.
Yesterday Banca Akros had reduced the target price on Mediaset to 3 from 3,3 euro, with a reduced rating. Also yesterday, Berenberg's experts had advised to sell (sell) the shares of the subsidiary Mediaset Espana. The top management of the company will announce the accounts for the first half of the year on July 29th.
