Thomson Reuters price target raised to C$265 from C$260 at BMO Capital

BMO Capital raised the firm’s price target on Thomson Reuters (TRI) to C$265 from C$260 and keeps an Outperform rating on the shares. The company’s Q4 results were in line and FY25 outlook was “slightly below consensus”, but the firm expects margins to improve sequentially in 2025, the analyst tells investors in a research note.