{"id":71687,"date":"2026-02-06T13:50:59","date_gmt":"2026-02-06T13:50:59","guid":{"rendered":"https:\/\/www.stocktargetadvisor.com\/blog\/?p=71687"},"modified":"2026-02-06T13:50:59","modified_gmt":"2026-02-06T13:50:59","slug":"thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/","title":{"rendered":"Thomson Reuters Corp. (TRI:CA) National Bank Cuts Target on Adjusted Valuation Assumptions"},"content":{"rendered":"<h2><a href=\"https:\/\/www.stocktargetadvisor.com\/blog\/?p=71687&amp;preview=true\"><strong data-start=\"0\" data-end=\"34\">Thomson Reuters Corp. (TRI:CA) (TRI)<\/strong><\/a><\/h2>\n<h3>Analyst Update<\/h3>\n<div class=\"flex flex-col text-sm pb-25\">\n<article class=\"text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" tabindex=\"-1\" data-turn-id=\"fd35fe4c-965b-4d4a-b9d0-bcd7a638252e\" data-testid=\"conversation-turn-78\" data-scroll-anchor=\"true\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:--spacing(4)] @w-sm\/main:[--thread-content-margin:--spacing(6)] @w-lg\/main:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" tabindex=\"-1\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"285fcced-2aa3-43c8-a9fa-a56a6b8ce8cf\" data-message-model-slug=\"gpt-5-2\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[1px]\">\n<div class=\"markdown prose dark:prose-invert w-full wrap-break-word light markdown-new-styling\">\n<p data-start=\"0\" data-end=\"483\">National Bank of Canada today reduced its 12-month target price on Thmson Reuters to C$175 from C$190. National Bank continues to expect solid revenue growth and margin expansion through 2028, however the target cut reflects a shift toward more conservative valuation assumptions, particularly in light of risks associated with artificial intelligence\u2019s competitive impact on Thomson Reuters\u2019 core markets.<\/p>\n<p data-start=\"485\" data-end=\"931\">National Bank\u2019s revised outlook acknowledges that Thomson Reuters is well positioned within legal, tax, accounting, and corporate information services, and that underlying demand for high-value content and workflow solutions is expected to remain strong. The firm still anticipates expanding operating margins as the company scales its software and subscription offerings, benefiting from recurring revenue streams and improved pricing power.<\/p>\n<p data-start=\"933\" data-end=\"1433\">However, the valuation reset stems from heightened uncertainty around how AI tools will reshape competitive dynamics in the information and analytics space. As AI capabilities become more pervasive, National Bank is factoring in the possibility that legacy decision support and workflow products may face increased substitution risk or pricing pressure from newer AI-enabled competitors. This scenario could moderate future multiple expansion or lead to greater variability in investor sentiment.<\/p>\n<p data-start=\"1435\" data-end=\"1699\">By adopting more cautious valuation assumptions, National Bank\u2019s revised target reflects both confidence in Thomson Reuters\u2019 execution and growth trajectory, as well as a prudent adjustment for industry disruption risk over the mid-term investment horizon.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Thomson Reuters Corp. (TRI:CA) (TRI) Analyst Update National Bank of Canada today reduced its 12-month target price on Thmson Reuters to C$175 from C$190. National&#8230;<\/p>\n","protected":false},"author":3,"featured_media":71690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-71687","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.4 (Yoast SEO v21.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Thomson Reuters Corp. (TRI:CA) National Bank Cuts Target on Adjusted Valuation Assumptions | Stock Target Advisor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thomson Reuters Corp. (TRI:CA) National Bank Cuts Target on Adjusted Valuation Assumptions\" \/>\n<meta property=\"og:description\" content=\"Thomson Reuters Corp. (TRI:CA) (TRI) Analyst Update National Bank of Canada today reduced its 12-month target price on Thmson Reuters to C$175 from C$190. National...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/\" \/>\n<meta property=\"og:site_name\" content=\"Stock Target Advisor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-06T13:50:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2026\/02\/Thomson-Reuters.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1263\" \/>\n\t<meta property=\"og:image:height\" content=\"582\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"STA Research\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:site\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"STA Research\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/\"},\"author\":{\"name\":\"STA Research\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae\"},\"headline\":\"Thomson Reuters Corp. (TRI:CA) National Bank Cuts Target on Adjusted Valuation Assumptions\",\"datePublished\":\"2026-02-06T13:50:59+00:00\",\"dateModified\":\"2026-02-06T13:50:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/\"},\"wordCount\":244,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"articleSection\":[\"Market News &amp; Insights\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/\",\"name\":\"Thomson Reuters Corp. (TRI:CA) National Bank Cuts Target on Adjusted Valuation Assumptions | Stock Target Advisor\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#website\"},\"datePublished\":\"2026-02-06T13:50:59+00:00\",\"dateModified\":\"2026-02-06T13:50:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Thomson Reuters Corp. (TRI:CA) National Bank Cuts Target on Adjusted Valuation Assumptions\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#website\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\",\"name\":\"Stock Target Advisor\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.stocktargetadvisor.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\",\"name\":\"Stock Target Advisor\",\"alternateName\":\"STA\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\",\"contentUrl\":\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\",\"width\":\"225\",\"height\":\"225\",\"caption\":\"Stock Target Advisor\"},\"image\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\",\"https:\/\/twitter.com\/AdvisorTarget\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae\",\"name\":\"STA Research\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g\",\"caption\":\"STA Research\"},\"description\":\"STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/author\/sta-research\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Thomson Reuters Corp. (TRI:CA) National Bank Cuts Target on Adjusted Valuation Assumptions | Stock Target Advisor","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/","og_locale":"en_US","og_type":"article","og_title":"Thomson Reuters Corp. (TRI:CA) National Bank Cuts Target on Adjusted Valuation Assumptions","og_description":"Thomson Reuters Corp. (TRI:CA) (TRI) Analyst Update National Bank of Canada today reduced its 12-month target price on Thmson Reuters to C$175 from C$190. National...","og_url":"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/","og_site_name":"Stock Target Advisor","article_publisher":"https:\/\/www.facebook.com\/StockTargetAdvisor\/","article_published_time":"2026-02-06T13:50:59+00:00","og_image":[{"width":1263,"height":582,"url":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2026\/02\/Thomson-Reuters.jpg","type":"image\/jpeg"}],"author":"STA Research","twitter_card":"summary_large_image","twitter_creator":"@AdvisorTarget","twitter_site":"@AdvisorTarget","twitter_misc":{"Written by":"STA Research","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/#article","isPartOf":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/"},"author":{"name":"STA Research","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae"},"headline":"Thomson Reuters Corp. (TRI:CA) National Bank Cuts Target on Adjusted Valuation Assumptions","datePublished":"2026-02-06T13:50:59+00:00","dateModified":"2026-02-06T13:50:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/"},"wordCount":244,"commentCount":4,"publisher":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization"},"articleSection":["Market News &amp; Insights"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/","url":"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/","name":"Thomson Reuters Corp. (TRI:CA) National Bank Cuts Target on Adjusted Valuation Assumptions | Stock Target Advisor","isPartOf":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#website"},"datePublished":"2026-02-06T13:50:59+00:00","dateModified":"2026-02-06T13:50:59+00:00","breadcrumb":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/thomson-reuters-corp-trica-national-bank-cuts-target-on-adjusted-valuation-assumptions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.stocktargetadvisor.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Thomson Reuters Corp. (TRI:CA) National Bank Cuts Target on Adjusted Valuation Assumptions"}]},{"@type":"WebSite","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#website","url":"https:\/\/www.stocktargetadvisor.com\/blog\/","name":"Stock Target Advisor","description":"","publisher":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.stocktargetadvisor.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization","name":"Stock Target Advisor","alternateName":"STA","url":"https:\/\/www.stocktargetadvisor.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/","url":"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg","contentUrl":"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg","width":"225","height":"225","caption":"Stock Target Advisor"},"image":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/StockTargetAdvisor\/","https:\/\/twitter.com\/AdvisorTarget"]},{"@type":"Person","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae","name":"STA Research","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g","caption":"STA Research"},"description":"STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.","url":"https:\/\/www.stocktargetadvisor.com\/blog\/author\/sta-research\/"}]}},"_links":{"self":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/71687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/comments?post=71687"}],"version-history":[{"count":3,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/71687\/revisions"}],"predecessor-version":[{"id":71692,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/71687\/revisions\/71692"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/media\/71690"}],"wp:attachment":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/media?parent=71687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/categories?post=71687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/tags?post=71687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}