Scotiabank analyst Maher Yaghi has maintained a “Sector Outperform” rating for Thomson Reuters (TRI) but reduced the price target from $189 to $156, a 17.46% decrease. This adjustment follows other recent analyst price target reductions from firms like Wells Fargo and CIBC. Despite these lowered targets, the average one-year price target from 15 analysts suggests a significant upside of 77.90% from the current price, with GuruFocus estimating an even higher fair value for the stock.
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Thomson Reuters (TRI) Analyst Maintains Rating, Lowers Price Tar
Scotiabank analyst Maher Yaghi has maintained a “Sector Outperform” rating for Thomson Reuters (TRI) but reduced the price target from $189 to $156, a 17.46% decrease. This adjustment follows other recent analyst price target reductions from firms like Wells Fargo and CIBC. Despite these lowered targets, the average one-year price target from 15 analysts suggests a significant upside of 77.90% from the current price, with GuruFocus estimating an even higher fair value for the stock.