Citi initiated coverage of Informa (IFPJF) with a Neutral rating and 975 GBp price target The firm rolled out coverage of the European media group. With uncertainty over artificial intelligence likely to continue, Citi prefers stocks where the AI-driven selloff looks overdone and the risk/reward is attractive, the analyst tells investors in a research note.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IFPJF:
- Informa Updates Total Voting Rights After Ongoing Share Buyback
- Informa PLC Updates Share Buyback Program with £350 Million Commitment
- Informa PLC Updates Share Buyback Programme with £350 Million Commitment
- Informa PLC Updates on £350m Share Buyback Programme
- Informa PLC Enhances Shareholder Returns with £350m Buyback Commitment