The Globe and Mail reports in its Friday, May 2, edition that RBC Dominion Securities analyst Drew McReynolds has reaffirmed his "sector perform" recommendation for Thomson Reuters. The Globe's David Leeder writes in the Eye On Equities column that Mr. McReynolds gave his share target a $3 boost to $185 (all figures U.S.). Analysts on average target the shares at $181.17. Mr. McReynolds says in a note: "While we remain patient for more timely and/or attractive accumulation points, we continue to view Thomson Reuters as a core holding within our coverage underpinned by accelerating organic revenue growth, highly resilient earnings, a strong balance sheet and healthy FCF generation and capital returns. We believe current valuation levels (i.e., more than 25 times FTM [forward 12-month] EV/EBITDA) are fundamentally justified provided that: (I) management now meets or exceeds a 7- to 8-per-cent organic revenue growth trajectory on a sustained basis without meaningful changes to the current margin, capex and FCF conversion profile; and (ii) solid execution on the GenAI playbook continues with little change to the current GenAI narrative including perceived opportunities and risks."