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A Quick Look at Today's Ratings for Thomson Reuters(TRI.US), With a Forecast Between $175 to $187

Futu News ·  Nov 7 22:00  · Ratings

On Nov 07, major Wall Street analysts update their ratings for $Thomson Reuters (TRI.US)$, with price targets ranging from $175 to $187.

Morgan Stanley analyst Toni Kaplan maintains with a hold rating, and adjusts the target price from $165 to $176.

J.P. Morgan analyst Andrew Steinerman maintains with a hold rating, and adjusts the target price from $164 to $175.

TD Cowen analyst Vince Valentini maintains with a hold rating, and adjusts the target price from $172.41 to $179.44.

Scotiabank analyst Maher Yaghi maintains with a buy rating, and adjusts the target price from $182 to $187.

Furthermore, according to the comprehensive report, the opinions of $Thomson Reuters (TRI.US)$'s main analysts recently are as follows:

  • The company 'delivered another classic beat-and-raise quarter.' Thomson's growth acceleration story is ongoing, and there appears to be 'still more room to run.'

  • Thomson Reuters' Q3 results surpassed expectations, and its revenue growth forecast for 2024 was slightly increased. Despite the positive outlook, expectations for the company to achieve consolidated organic revenue growth above 6% have grown, with a keen focus on its organic revenue growth path for the 2025-26 timeframe.

Here are the latest investment ratings and price targets for $Thomson Reuters (TRI.US)$ from 4 analysts:

StockTodayLatestRating_nn_203368_20241107_en

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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