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Canadian broker upgrades Thomson Reuters stock to Buy

Thomson Reuters shares were upgraded on Monday to a Buy rating from Hold by analysts at Canadian brokers TD Securities.

TRI has been the subject of a number of other recent research reports since it reported its first quarter earnings on 30 April. Analysts at JPMorgan Chase upgraded the shares to Overweight from Neutral. Scotiabank rated the stock Sector perform. Deutsche Bank rated TRI Hold.

One analyst has rated the stock Sell, seven Hold and six Buy. The consensus rating is Hold. The average price target is $38.07. ■