Thomson Reuters (TRI) Price Target Hiked at Wells Fargo on Legal Tech Space Opportunity

Thomson Reuters Corporation (NYSE:TRI) is one of the 11 best industrial stocks to buy right now. On June 16, Wells Fargo analyst Jason Haas reiterated an ‘Equal-Weight’ on the stock. The analyst also hiked the stock’s price target to $213 from $187. The analyst rating underscores a balanced view of the stock’s near-term performance.

Thomson Reuters (TRI) Price Target Hiked at Wells Fargo on Legal Tech Space Opportunity

A close-up of a person signing a loan agreement, emphasising safety and legality of this company’s fixed & floating rate loan services.

The price target adjustment follows a meeting with Fisher Phillips’s Chief Knowledge and Innovation Officer, Evan Shenkman. The law firm is best known for its early adoption of legal tech. Consequently, the law firm reiterated that Thomson Reuters remains well-positioned within legal tech.

Thomson Reuters Corporation (NYSE:TRI) is an industrial company that specializes in offering specialty business services. Its Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics for law firms and governments.

While we acknowledge the potential of TRI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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