UPDATE 3-Fiat confirms '08 targets, posts higher '07 result


(Adds analysts' quotes, details, background) By Gilles Castonguay MILAN, Jan 24 (Reuters) - Italy's Fiat reported a record profit for 2007 and sought to ease investor concerns about the new year by confirming its targets and describing as "unlikely" a sharp curb in global consumption due to the market crisis. "The Group confirms its targets for 2008," it said in a statement. Europe's fifth-biggest car maker by market value expected to keep making gains in a stable western European ...

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