UPDATE 2-Peugeot sticks to targets as H1 net misses mark

Newswire

(Adds comments from conference call, market reaction) By Marcel Michelson PARIS, July 26 (Reuters) - First-half profit at PSA Peugeot Citroen fell by a fifth to the bottom of market forecasts, but the carmaker stuck to its 2005 targets despite high raw material costs that will hurt again in 2006. Europe's second-biggest carmaker said on Tuesday net attributable profit for the six months to June 30 fell to 681 million euros ($821.8 million) against an average forecast by 11 analysts ...

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