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TRI shares upgraded to Hold

Thomson Reuters shares have been upgraded by US financial media company TheStreet Ratings to Hold from Sell. It said TRI's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures.

“However, as a counter to these strengths, we also find weaknesses including feeble growth in the company’s earnings per share, deteriorating net income and disappointing return on equity.” ■

SOURCE
The Street