Goldman Sachs resumed coverage of Relx (RELX) with a Buy rating and 4,714 GBp price target The company is well positioned to continue leading the shift towards more sophisticated data analytics tools across key end markets, while also utilizing its vast proprietary data and IP competitive advantage to benefit from developments in Generative AI, the analyst tells investors in a research note. The application of Generative AI to drive further acceleration in product innovation and thus top-line growth, the firm added.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RELX:
- Relx upgraded to Overweight from Equal Weight at Barclays
- Relx price target raised to 4,220 GBp from 4,150 GBp at Barclays
- Relx (RELX) Announces Q2 Dividend: Read On for Important Dates
- Relx PLC’s Earnings Call Highlights Robust Growth and Strategic Progress
- Relx price target raised to 3,909 GBp from 3,516 GBp at Deutsche Bank