RELX results suggest 'AI worries look overplayed', Deutsche Bank says
RELX PLC (LSE:REL) is beginning to prove its doubters wrong by showing that artificial intelligence could accelerate growth rather than disrupt its business, although analysts believe further evidence is needed before the shares secure a substantial re-rating. Following first-half results from the FTSE 100 giant, Deutsche Bank retained its 'buy' recommendation and lifted its target to 3,100p from 3,050p, while UBS reiterated its 'buy' rating and 3,600p price target, implying almost 47% upside from the latest close of 2,451p.
