B of A Securities Maintains Buy on TELUS Intl, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Cassie Chan has maintained a 'Buy' rating on TELUS Intl (NYSE:TIXT) but lowered the price target from $26 to $21.
July 17, 2023 | 9:56 am
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TELUS Intl's price target has been lowered from $26 to $21 by B of A Securities, though the 'Buy' rating is maintained.
The lowering of the price target by B of A Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100