Wells Fargo downgraded Thomson Reuters (TRI) from 'Overweight' to 'Equal-Weight'. The firm lowered its price target to $95 from $120.

Analyst Jason Haas issued the update on March 23, 2026. The move signals a more cautious outlook on near-term performance. The firm also cited valuation concerns.

BofA Securities maintained a 'Neutral' rating on March 10. BofA Securities also increased its price target.

RBC Capital upgraded the stock to 'Outperform' in February.