Barclays Maintains Equal-Weight on Thomson Reuters, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Manav Patnaik has maintained an Equal-Weight rating on Thomson Reuters (NYSE:TRI) and raised the price target from $125 to $135.
August 04, 2023 | 1:18 pm
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POSITIVE IMPACT
Barclays has maintained an Equal-Weight rating on Thomson Reuters and raised the price target from $125 to $135, which could potentially lead to an increase in the stock's price.
The increase in price target by Barclays indicates a positive outlook for Thomson Reuters. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100