Goldman Sachs analyst Richard Felton has reiterated their bullish stance on INF stock, giving a Buy rating on October 17.
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Richard Felton has given his Buy rating due to a combination of factors that highlight Informa’s promising outlook. The company is expected to focus on its mid-term growth strategy, which is anticipated to drive substantial value. Additionally, Informa is exploring opportunities in the Middle East, a region that presents significant potential for expansion and revenue generation.
Moreover, the company’s approach to capital allocation is seen as a strategic advantage, positioning it well for future growth. These elements, combined with an overall positive market sentiment, contribute to Richard Felton’s confidence in recommending a Buy rating for Informa’s stock.
In another report released on October 17, Morgan Stanley also assigned a Buy rating to the stock with a £10.00 price target.