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Fly News Breaks for February 27, 2019
TRI
Feb 27, 2019 | 09:07 EDT
BMO Capital analyst Tim Casey raised his price target on Thomson Reuters to $78 and kept his Outperform rating after its Q4 results and FY19 organic revenue growth guidance, saying the management presented a "confident tone" and a "compelling case" to achieve its forecasts. As Thomson Reuters' organic growth accelerates, the analyst believes that investor sentiment will turn more positively and the valuation discount on the stock will narrow.
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