Goldman Sachs analyst James Tate CFA reiterated a Buy rating on Pearson (PSON – Research Report) yesterday and set a price target of p1,640.00.
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James Tate CFA has given his Buy rating due to a combination of factors that highlight Pearson’s strong performance and strategic execution. The company’s recent financial results for FY24 demonstrate its effective alignment with strategic priorities, showcasing robust capital management and operational efficiency.
Furthermore, Pearson’s ability to adapt to market demands and leverage its digital transformation initiatives has positioned it well for future growth. The analyst also notes the company’s commitment to enhancing shareholder value, which is supported by its consistent financial performance and strategic investments. These elements collectively contribute to the positive outlook and justify the Buy rating.
PSON’s price has also changed moderately for the past six months – from p1069.500 to p1379.000, which is a 28.94% increase.