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Mediaset (NASDAQ:MDIUY) was upgraded by HSBC from an “underweight” rating to an “overweight” rating in a research note issued on Tuesday, TheFlyOnTheWall.com reports.

Shares of Mediaset (NASDAQ:MDIUY) opened at 11.61 on Tuesday. Mediaset has a 1-year low of $11.10 and a 1-year high of $17.83. The stock has a 50-day moving average of $13.3 and a 200-day moving average of $15.18. The company’s market cap is $4.398 billion.

MDIUY has been the subject of a number of other recent research reports. Analysts at Mediobanca SpA upgraded shares of Mediaset from an “underperform” rating to a “neutral” rating in a research note on Thursday, July 3rd. Separately, analysts at BNP Paribas upgraded shares of Mediaset from an “underperform” rating to a “neutral” rating in a research note on Friday, June 27th. Finally, analysts at Bank of America upgraded shares of Mediaset from a “neutral” rating to a “buy” rating in a research note on Thursday, May 22nd. One analyst has rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $3.80.

Mediaset SpA is an Italy-based company engaged in the broadcasting sector. The Company is active in the broadcasting of commercial television in Italy and Spain.

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