BUZZ-Pearson: Time to turn negative - Barclays
** Barclays (LSE: BARC.L - news) cuts educational publisher to "underweight", citing many challenges Pearson (Xetra: 858266 - news) faces and voicing its concerns over downside risks
** The risks include among others slow take-up of integrated digital products, competitive pressures, the role of Amazon in higher education courseware over time and ongoing enrolment declines
** They add that stock is not cheap even in an upside scenario
** "The shares are no longer pricing these risks, with even an upside scenario, which requires very good execution, offering limited share price upside"
** The broker's PT reduced to 815p implies a 9 pct downside to current price level