Citi upgrades RELX to 'buy' as AI fears create buying opportunity in de-rated European media sector

Citi has upgraded RELX PLC (LSE:REL), the data analytics and publishing group, to 'buy' from 'neutral', arguing that a year-to-date de-rating has created a more attractive risk/reward profile for the stock. The upgrade is part of a broader reassessment of the European media sector, which Citi said has underperformed by approximately 20% year to date as artificial intelligence-related concerns weigh on sentiment.