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Bank of America initiates TRI coverage, sees $39

Wednesday 6 January 2010

Bank of America initiated analyst coverage on Thomson Reuters with a Buy rating and set a price target of $39.

In November, Barclays initiated coverage with an “equal weight” rating.

TRI.N traded three per cent higher at $33.35 in New York on Wednesday. In Toronto the share was 2.5 per cent higher at C$34.47. ■

SOURCE
Street Insider