Thomson Reuters Upgraded to Buy by Canaccord Genuity, Analysts See 4.17% Downside

Canaccord Genuity upgraded Thomson Reuters (TRI) from Hold to Buy, with an average one-year price target of $140.49/share, a 4.17% decrease from its latest closing price. The projected annual revenue is $7.45bn, up 1.06%, and projected non-GAAP EPS is $4.44. There are 756 funds or institutions reporting positions in TRI, with an average portfolio weight of 0.53% and total shares owned increasing by 349.64% in the last three months.