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Pearson: UBS maintains buy rating after trading update

(CercleFinance.com) - UBS has reinstates its 'buy' rating on the Pearson share, while maintaining its target price at 741p, which suggests upside potential of 9% for the UK educational publishing group's shares.


"Pearson expecting EBIT of £310m-315m in 2020, in line with cons.," the broker notes. "However, they said uncertainty remains in the near team as a result of ongoing pandemic."


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