Thomson Reuters launches CoCounsel. Morgan Stanley cuts target for Thomson Reuters stock

Published on 10/15/2026 at 13:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Morgan Stanley cut its target to USD 110 from USD 116 on October 13, 2026. Thomson Reuters stock costs EUR 95.05 on October 15, 2026.

Expansion and valuation markers

CoCounsel expanded cross-border legal research across more than 100 countries on October 14, 2026.
Morgan Stanley cut its target from USD 116 to USD 110 on October 13, 2026.
Thomson Reuters stock trades at EUR 95.05 at 1:15 p.m. CEST at Lang & Schwarz on October 15, 2026.
Third-quarter earnings are scheduled for November 3, 2026.
The market value was USD 58.4 billion on September 22, 2026.

TRI, CA8849038812, Illustration mit AI erstellt.

Thomson Reuters stock was trading at EUR 95.05 at Lang & Schwarz on October 15, 2026 at 1:15 p.m. CEST as the company expanded its CoCounsel Legal platform across borders. StockTitan reported on October 14, 2026, that the upgraded service brings legal content from more than 100 countries and territories into one workflow.

Three events reshape the picture

The recent sequence began on September 10, 2026, when Thomson Reuters listed pricing for USD 1.3 billion of notes and a C$1.0 billion Canadian private placement. On October 13, 2026, Markets Insider reported that Morgan Stanley lowered its target from USD 116 to USD 110 while retaining an Equal Weight rating. The October 14, 2026 CoCounsel expansion was the latest event.

What does the expansion add?

The product update broadens the addressable workflow rather than adding a new reporting period. The company said the next-generation service is available in the United Kingdom, with general availability expected in further markets by the end of October 2026 and coverage across more than 90 countries and territories during 2026.

Next date for earnings

Thomson Reuters lists November 3, 2026 as the date for its third-quarter 2026 earnings report, with the webcast scheduled for 8:30 a.m. EST. That date gives investors the next formal test of growth against the AI-related concerns cited in Morgan Stanley's October 13 assessment.

Stock price and valuation markers

The current euro quote puts the market's near-term attention on the next operating update, while the USD 110 target shows that analyst expectations have become more cautious. Thomson Reuters had a USD 58.4 billion market value as of September 22, 2026, and its primary US listing is on Nasdaq.

Thomson Reuters was trading at EUR 95.05 at Lang & Schwarz on October 15, 2026 at 1:15 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Thomson Reuters stock.