Goldman Sachs Downgrades Pearson plc (PSO) to Conviction Sell

September 4, 2009 6:53 AM EDT

Goldman Sachs downgrades Pearson plc (NYSE: PSO) from Neutral to Sell and added the stock to their Conviction Sell List. The firm said with 2H seasonality and ongoing issues in US state budgets, its
outlook remains uncertain against its premium valuation.

Pearson plc, a media company, engages in education, business information, and consumer publishing businesses worldwide.


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