The Globe and Mail reports in its Friday, Feb. 7, edition that Scotia Capital analyst Maher Yaghi reaffirmed his positive outlook on Thomson Reuters following the company's announcement of increased fourth quarter revenue on Thursday, along with a raised annual dividend. The Globe's David Leeder writes in the Eye On Equities column that Mr. Yaghi projects stronger returns over the next two years, despite current challenges related to global trade and evolving expectations for artificial intelligence. Mr. Yaghi has reaffirmed his "sector outperformer" recommendation for Thomson Reuters. Mr. Yaghi tweaked his share target ahead by a buck to $188 (all figures U.S.). Analysts on average target the shares at $174.66. Mr. Yaghi says in a note: "Thomson Reuters stock was up 5 per cent [Thursday] as the company delivered inline quarterly results and provided an optimistic outlook that reflects the continued flow through of AI investments to their top and bottom line. The company not only expects improvements in organic growth and EBITDA margins in 2025 but also beyond in 2026. This is a testament to the strong demand and adoption of GenAI products in addition to product portfolio management."
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