Scotiabank analyst Maher Yaghi yesterday afternoon upgraded Thomson Reuters (TRI) to Outperform from Sector Perform with a price target of $200, up from $188. The selloff in the shares post the “inline but positive” Q2 results presents a buying opportunity, the analyst told investors in a research note. The firm said Thomson is posting “meaningful” revenue and cash flow growth, supported by its artificial intelligence value enhancing product capabilities.
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