Barclays raised the firm’s price target on Thomson Reuters (TRI) to $210 from $200 and keeps an Overweight rating on the shares following the earnings report. Legal achieved its high water mark for organic growth to help the “Big 3” continue its acceleration, the analyst tells investors in a research note. The firm says the main area of concern heading into earnings, Government, ended up accelerating to 9% growth.
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:
- Thomson Reuters: Hold Rating Amid Mixed Financial Performance and Cautious Outlook
- Thomson Reuters Reports Steady Q1 2025 Performance
- Thomson Reuters Corp’s Optimistic 2025 Earnings Call
- Thomson Reuters Reports Q1 2025 Results and Expands Tax Automation
- Thomson Reuters reports Q1 adjusted EPS $1.12, consensus $1.04