** ITE, an exhibitions organiser, bounces back afterrecent weakness, after co says comfortable with FY expectations
** Stock, up >8 pct, having fallen c.18% from an early Junepeak (up until Monday's close); top performer on the FTSE AllShare Media Index, the FTSE All Share Index and the FTSE Small Cap Index
** Co confident in FY outlook, with 96 pct of consensusrevenues now contracted
** Co, which has been hurt by difficult trading conditionsin Ukraine and Russia, a weaker rouble and falling oil prices,reiterates that trading environment in Russia has now stabilised
** "Once the Greek crisis is (hopefully) out the way and theoil price has stabilised ITE will look attractive again and weexpect to lift our TP back up to close to 200 pence," N+1 Singersays (cuts TP to 172p)
(Reuters Messaging:noor.hussain.thomsonreuters.com@reuters.net)
