Barclays analyst Manav Patnaik raised the firm’s price target on Thomson Reuters to $125 from $115 and keeps an Equal Weight rating on the shares. The analyst is waiting for more clarity on the outlook for U.S. business and information services stocks heading into 2023. He recommends reducing exposure and awaiting guidance from managements. Patnaik is looking for companies that guide conservatively.
Published first on TheFly
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