WLY - John Wiley & Sons: AI Initiatives Encouraging But Research Publishing Revenue Needs To See Recovery
2024-06-15 16:16:16 ET
Summary
- John Wiley & Sons saw a significant growth in stock prices based on its AI initiatives.
- That said, net revenue across the Research Publishing segment needs to see a recovery from here.
- While John Wiley & Sons shows long-term promise, I rate the stock as a Hold at this time.
Investment Thesis: I rate the stock as a Hold at this time.
John Wiley & Sons ( WLY ) - an American multinational publishing company that is well known for its "For Dummies" titles - has seen a significant rally to $41.24 at the time of writing....
John Wiley & Sons: AI Initiatives Encouraging, But Research Publishing Revenue Needs To See Recovery