Thomson Reuters Shares Soar 1.44% to Record High on Upgraded Target

Thomson Reuters (TRI) shares surged to a record high today, marking a 1.44% increase and extending its winning streak to four consecutive days, with a total gain of 5.28% over the past four days.

The strategy of buying TRI shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a 7.5% annualized return and a 37.5% total return as of the latest data point in May 2025. However, the Sharpe ratio was relatively low at 0.75, indicating that the risk-adjusted returns were acceptable but not exceptional. The strategy showed a maximum drawdown of -10.5% during the 2022 market downturn, which was a significant risk period. Overall, the strategy provided a decent return with reasonable risk, making it suitable for investors seeking stable gains..

TD Securities recently upgraded their price target for Thomson Reuters from $177.00 to $182.00, maintaining a "sector perform" rating. This adjustment reflects a positive outlook on the company's performance and potential for growth, contributing to the recent surge in stock price.

Analysts' optimism and the company's strong performance have driven Thomson Reuters' stock to new heights, with shares trading at a 52-week high. This upward trend is supported by the company's robust financials and strategic initiatives, which have positioned it favorably in the market.