Pearson upgraded to Outperform from Neutral at Exane BNP Paribas

Exane BNP Paribas analyst Sami Kassab upgraded Pearson to Outperform from Neutral with a 1,050 GBp price target. The analyst says the recent pullback in the shares provides an attractive entry point. Pearson shares are attractively valued and supported by the Apollo bid, the analyst tells investors in a research note.