TD Securities raised its price target on Thomson Reuters Corp. (TRI.TO) to $305 from $260 on Tuesday.
Analyst Vince Valentini maintained a Hold rating on shares of the Canadian multinational media conglomerate.
"We have introduced 2027 estimates to try to illustrate, via sensitivity analysis, how much upside in EBITDA that the stock seems to be pricing subsequent to the 8% gain on Monday owing to expectations that TRI might get added to the Nasdaq-100 index," Valentini said in a note to clients.
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