TF1 : Barclays upgrades to 'weight in line
In a study devoted to European media, the broker points out that the French television group's shares stand out for their bullish profile, ranking third in the sector.
While the stock's downside potential is estimated at 24%, its upside potential stands at 77%, according to its analysts' calculations.
'TF1 still faces a number of question marks (structural problems in its core business, the new CEO's strategy, macroeconomic risks), they stress, but its recent underperformance versus M6 already incorporates some of these questions'.
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