Goldman Sachs initiated coverage of RELX PLC with a Buy rating and a price target of 3,000 GBp. The firm stated that the company is being misplaced in the AI "at risk" category and has a strong moat, adding that its new suite of AI products should lead to an acceleration in sales growth toward 8%. Morgan Stanley downgraded RELX to Equal Weight from Overweight on May 7, lowering its price target to 2,970 GBp from 3,320 GBp, citing valuation and a more balanced risk/reward.
Relx PLCGoldman Sachs initiated coverage with a Buy rating and price target of 3,000 GBp, citing strong moat and AI product acceleration.
RLX Technology Inc