HAMBURG (dpa-AFX) - The analyst firm Warburg Research has lowered its target price for ProSiebenSat.1 from EUR 7.50 to EUR 6.60, but left its rating at "Hold". After the media group recently announced an impairment of EUR 250 million for US content, a separate provision of EUR 90 million for onerous US content contracts and higher programming costs for own content, he is reducing his earnings forecasts for 2024 and 2025, analyst Jorg Frey wrote in a study published on Tuesday. Nevertheless, he sees an opportunity for a change for the better in 2024./edh/gl

Publication of the original study: 02.01.2024 / 08:15 / CET First dissemination of the original study: Date not specified in study / Time not specified in study / CET

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