Wells Fargo Maintains Equal Weight Rating on Thomson Reuters
Wells Fargo analyst Jason Haas lowered the price target on Thomson Reuters (TRI) to $87 from $95 but maintained an Equal Weight rating, citing the company's strong moat in the tax software segment. The firm also noted growing investor concerns around AI disruption, though it believes these concerns may be overstated. Barclays had previously lowered its price target on TRI to $170 from $210 while keeping an Overweight rating.
Topics: AI disruption Analyst ratings Barclays Legal technology Thomson Reuters Wells Fargo