The Globe and Mail reports in its Tuesday, Sept. 10, edition that National Bank Financial analyst Adam Shine has elevated his recommendation for Thomson Reuters to "outperform" from "sector perform." The Globe's David Leeder writes that Mr. Shine's share target soared $29 to $260. Analysts on average target the shares at $227.60. The Globe says Mr. Shine sees Thomson Reuters "gearing up" for better growth and return to margin expansion following 2024, which he calls an "investment year." He says Thomson Reuters's "already rich valuation could still have some room to grow further." Mr. Shine says in a note: "The question now is when will the stock see its next leg up. In the absence of quarterly beats, it may not come this fall, but Thomson Reuters continues to see margin expansion of 75 basis points in 2025 and 50 basis points in 2026, with organic growth moving up to 8-9 per cent (8 per cent 2024) for Big Three and 6.5 per cent to 8 per cent (6.5 per cent 2024E) for total. ... We could be early, but renewed momentum appears ahead post-2024, TRI's proven fairly recession resilient, much firepower exists for M&A and cash returns to shareholders, and management continues to execute extremely well."