TD Cowen analyst Vince Valentini maintains $Thomson Reuters (TRI.US)$ with a hold rating, and adjusts the target price from $172.41 to $178.88.
According to TipRanks data, the analyst has a success rate of 52.5% and a total average return of 0.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Thomson Reuters (TRI.US)$'s main analysts recently are as follows:
Thomson Reuters has been recognized for presenting another strong quarter that exceeded expectations. The company's continuing narrative of growth acceleration is still showing potential for further expansion, according to an analyst.
Thomson Reuters' Q3 results slightly surpassed expectations, and the company has somewhat increased its revenue growth outlook for 2024. Despite the current valuation raising the expectations for the company to achieve consolidated organic revenue growth above 6%, attention is now shifting towards the organic revenue growth path expected in the 2025-26 timeframe.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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