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Wells Fargo Sticks to Its Buy Rating for Thomson Reuters (TRI)

Tipranks - Tipranks - Sat Mar 14, 4:50AM CDT

Wells Fargo analyst Jason Haas CFA maintained a Buy rating on Thomson Reuters yesterday and set a price target of $120.00. The company’s shares closed yesterday at C$135.35.

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According to TipRanks, Haas CFA is a 4-star analyst with an average return of 8.6% and a 51.72% success rate.

In addition to Wells Fargo, Thomson Reuters also received a Buy from TipRanks – Google’s Google Specialty Business Services in a report issued today. However, on the same day, TipRanks – xAI reiterated a Hold rating on Thomson Reuters (NASDAQ: TRI).

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The company has a one-year high of C$299.24 and a one-year low of C$109.20. Currently, Thomson Reuters has an average volume of 856.5K.

Based on the recent corporate insider activity of 146 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TRI in relation to earlier this year.

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