RBC Capital Maintains Sector Perform on Thomson Reuters, Raises Price Target to $153
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Drew McReynolds has maintained a 'Sector Perform' rating on Thomson Reuters (NYSE:TRI) and increased the price target from $149 to $153.
February 09, 2024 | 3:21 pm
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RBC Capital has maintained its 'Sector Perform' rating on Thomson Reuters and raised the price target from $149 to $153.
The increase in the price target by RBC Capital suggests a positive outlook on Thomson Reuters' stock, potentially leading to a short-term increase in its stock price. The 'Sector Perform' rating indicates that the analyst believes the stock will perform in line with the sector, but the raised target price signals confidence in the company's potential to grow or outperform previous expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100