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Interim Results for the six month period ended 31 March 2008.

Broker snap: ABN Amro sees gloomy ad outlook for ITV

04 Jul 2008
Fears of further deterioration in the advertising market prompted ABN Amro to downgrade its rating on to 'sell' from 'hold' and more than halve its target price on the broadcaster to 35p from 75p.

While ITV's share price is at historical lows there are further downside risks, with the potential of a dividend cut the broker said.

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