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Pearson initiated with a Buy at Citi

Citi analyst Ciaran Donnelly initiated coverage of Pearson (PSO) with a Buy rating and 1,300 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.

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