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TRI shares hit 52-week highs in New York and Toronto

Wednesday 12 May 2010

Thomson Reuters reached 52-week highs on the New York and Toronto stock exchanges, closing up 1.2 per cent at $38.88 on NYSE and 0.76 per cent at C$39.60 on TSX.

In New York, TRI shares have risen 7.4 per cent in the past month and 32 per cent in the past year, more than the S&P 500.

Of researchers following Thomson Reuters, ten rate the stock buy, 11 hold and two sell. Royal Bank of Canada projects a target of $45, Bank of America expects the stock to climb to $41. ■

SOURCE
The Street