Continue the Mediaset rally at Piazza Affari. After closing the last session with an increase of 4,4% (best blue chip in the Milanese list), today the Alfa stock scores a new extension, earning more than four points at the end of the morning.
Yesterday the shares were promoted by Deutsche Bank, which raised the rating from hold to buy and the target price from 4 to 4,5 euros. According to the broker, the retracement of the Mediaset stock in recent days "offers an attractive new entry point on the stock", also because "clear valuations and upgrade opportunities are becoming rare among European media".
Berenberg left the buy recommendation unchanged, with a target price of 3,6 euros.
In the last month, the Mediaset share has gained more than 12 points, while on a six-monthly basis the increase exceeds 94%.
