02:17 PM EDT, 05/03/2024 (MT Newswires) -- UBS is keeping its Buy rating on Thomson Reuters ( TRI ) and increasing its target to US$190 from US$177, following its Q1 beat and FY24 organic growth bump amid Gen AI products ramping.

Gen AI-driven revenues are expected to accelerate over the course of the year as products are launched. Thomson Reuters ( TRI ) remains on track to achieve its +2025-26 framework with at least ~8.5% organic growth sustainably, UBS said.

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