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Relx initiated with a Neutral at Citi

Citi analyst Ciaran Donnelly initiated coverage of Relx (RELX) with a Neutral rating and 3,325 GBp price target The firm rolled out coverage of the European media group. With uncertainty over artificial intelligence likely to continue, Citi prefers stocks where the AI-driven selloff looks overdone and the risk/reward is attractive, the analyst tells investors in a research note.

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