Goldman Sachs upgraded Thomson Reuters (TRI) to Buy from Neutral with a price target of $186, down from $192. The firm believes the company’s artificial intelligence positioning has “significantly strengthened” in recent quarters and will drive organic revenue growth. AI is driving accelerating high-single-digit organic revenue growth in Thomson’s “Big 3” segments, the analyst tells investors in a research note. Goldman believes this will drive multiple expansion and attractive upside in the shares.
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