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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRI:
- Hold Rating on Thomson Reuters Due to Valuation Concerns Despite Growth Prospects
- Thomson Reuters Reports Solid Q2 2025 Performance
- Thomson Reuters Corp’s Positive Earnings Call Highlights
- Thomson Reuters upgraded to Outperform from Sector Perform at Scotiabank
- Thomson Reuters Sees Revenue Growth and Launches New AI Solutions in Q2 2025