Scotiabank Lowers Target Price for Thomson Reuters Corp
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 06 2026
0mins
Source: moomoo
Thomson Reuters Corp's stock fell 3.12% and hit a 20-day low amid broader market weakness, with the Nasdaq-100 down 2.33% and the S&P 500 down 0.99%.
The decline in Thomson Reuters' stock price follows Scotiabank's decision to lower its target price from $156 to $138, reflecting changes in market conditions that may influence investor expectations. This adjustment indicates a cautious outlook on the company's performance in the current market environment.
Investors may need to reassess their positions in Thomson Reuters as the lowered target price could signal potential challenges ahead, especially in light of the overall market downturn.
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Analyst Views on TRI
Wall Street analysts forecast TRI stock price to rise
12 Analyst Rating
9 Buy
3 Hold
0 Sell
Strong Buy
Current: 87.860
Low
160.00
Averages
192.65
High
258.00
Current: 87.860
Low
160.00
Averages
192.65
High
258.00
About TRI
Thomson Reuters Corporation is a content and technology company. The Legal Professionals segment serves law firms and governments with research and workflow products powered by technologies, including generative artificial intelligence (AI). The Corporates segment serves corporations ranging from small businesses to multinational organizations with a full suite of content-driven products, powered by technologies, including generative AI. The Tax & Accounting Professionals segment serves tax, audit and accounting firms with research and workflow products powered by technologies, including generative AI. The Reuters News segment supplies business, financial and global news and data to media organizations, professionals and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products and to financial firms exclusively via LSEG products. The Global Print segment provides legal and tax information and commercial printing services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Earnings Reporting Innovation: CEO Elon Musk's decision to release earnings via the company's website and his owned platform X, instead of traditional newswires, could influence how other companies approach their information dissemination strategies.
- Cost Savings and Impact: By avoiding newswire services, SpaceX saves on costs while boosting the visibility of the X platform; although the immediate impact on investors may be limited, this shift could inspire widespread adoption across the industry.
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