TRI heading to $50 plus great dividend!https://www.theglobeandmail.com/globe-investor/investment-ideas/features/eye-on-equities/cibc-agrium-and-viterra-set-to-outperform/article1762032/
Thomson Reuters Corp. will report third-quarter earnings Oct. 28 that should beat Street estimates, suggests TD Newcrest analyst Vince Valentini. He sees earnings-per-share of 46 cents, two cents better than consensus, and expects positive organic revenue growth for the first time this cycle to be a catalyst for stock gains.
Upside: Mr. Valentini maintained a $50 price target on the stock, and added: “We strongly encourage investors to step in to buy TRI shares before the reported results.”