BMO Capital Maintains Outperform Rating for TELUS: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BMO Capital has maintained its Outperform rating for TELUS (NYSE:TU) but lowered its price target from $33.00 to $29.00. TELUS shares are currently trading up 0.41% at $18.45 per share. A move to $29.00 would account for a 57.22% increase from the current share price.
July 17, 2023 | 5:01 pm
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TELUS's Outperform rating has been maintained by BMO Capital, but the price target has been lowered to $29.00.
The news is directly about TELUS and its rating by BMO Capital. The maintenance of the Outperform rating suggests that BMO Capital still sees potential in TELUS, but the lowering of the price target may indicate a more cautious outlook. This could have a neutral impact on the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100