- Thomson Reuters (NYSE:TRI) is up 1.7% out of today's open after a boost to Buy by BofA Merrill Lynch.
- The company should deliver total returns in the teens for a few years on a combination of "accelerating organic revenue growth, margin expansion, strong cash flow, and a healthy dividend," the firm says.
- It's raised the price target to $78 from $73, now implying 14% upside.
- Sell-side analysts rate TRI Neutral on average, and it has a Quant Rating of Neutral.