UPDATE: Canaccord Initiates Thomson Reuters with Buy on Substantial Margin Expansion Potential
April 15, 2013 at 09:23 AM EDT
In a report published Monday, Canaccord Genuity analyst Aravinda Galappatthige initiated coverage on Thomson Reuters Corporation (NYSE: TRI ) with a Buy rating and $36.00 price target. In the report, Galappatthige noted, “We believe TRI has substantial margin expansion potential post 2013, as its single platform strategy in the Financial