CIBC lowered the firm’s price target on Thomson Reuters (TRI) to $183 from $198 and keeps an Outperformer rating on the shares. Into earnings season, the firm likes Thomson Reuters as it sees AI-related revenue opportunities, in addition to potential divestiture opportunities, the analyst tells investors in a preview.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRI:
