BMO Capital Maintains Outperform on TELUS, Lowers Price Target to C$27
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Tim Casey has maintained an 'Outperform' rating on TELUS (TSX:T), but has lowered the price target from C$29 to C$27.
August 07, 2023 | 12:42 pm
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NEGATIVE IMPACT
TELUS's price target has been lowered from C$29 to C$27 by BMO Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value. However, the maintained 'Outperform' rating suggests that the stock is still expected to perform better than others in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100