Morgan Stanley analyst Laura Metayer assumed coverage of Pearson (PSO) with an Equal Weight rating and 1,170 GBp price target The firm views Pearson as well positioned to continue benefitting from growth in the global education market. However, the stock’s valuation “appears fair” for a mid-single digit grower, 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 PSO:
- Pearson reports Q3 underlying sales growth of 4%
- Pearson’s Mixed Performance and Revenue Growth Challenges Lead to Hold Rating
- Pearson’s Digital Transition and Strong Financials Justify Buy Rating
- Pearson becomes exclusive provider of Salesforce certification exams
- Pearson, Cognizant announce global strategic partnership
