Thomson Reuters price target raised to $188 from $187 at Scotiabank

Scotiabank raised the firm’s price target on Thomson Reuters (TRI) to $188 from $187 and keeps an Outperform rating on the shares. The company reported “inline” quarterly results and an optimistic outlook, the analyst tells investors. While the stock continues to trade at a premium to peers, the firm believes this is justified due to its diverse product suite.