NEW YORK (dpa-AFX) - The US bank JPMorgan has raised its price target for Stroer from 70 to 71 euros and left its rating at "Overweight". Stroer continues to gain market share, while the pressure on margins at JCDecaux is likely to continue, wrote analyst Marcus Diebel in an industry report on the European outdoor advertising market published on Thursday. The shift in advertising budgets in the German media landscape is currently accelerating. In these difficult times, Stroer's outdoor business is developing at an above-average rate. Takeovers have further boosted the share price./la/gl

Publication of the original study: 17.01.2024 / 20:23 / GMT First dissemination of the original study: 18.01.2024 / 00:15 / GMT

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