London Stock Exchange Group plc is trading 7% down at $8,338 today after Rothschild & Co Redburn downgraded the stock, warning that artificial intelligence could threaten core Data & Analytics earnings.
- Rothschild & Co Redburn cut its rating from Buy to Neutral and lowered its price target to £104, citing AI as a potential disruptor to the group's business model.
- The sharp decline extends a period of recent weakness for the stock, with broader risk-off market sentiment adding further downward pressure.