Canaccord analyst Aravinda Galappatthige raised the firm’s price target on Thomson Reuters to $147 from $129 and keeps a Hold rating on the shares. The firm adjusted its target following the company’s conference call to discuss its acquisition of Swedish based Pajero, a leading international player in e-invoicing and indirect tax solutions. Canaccord said the company is keen to expand its market position in indirect tax, where it sits in the number three position.
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