Canaccord Genuity Maintains Buy on TELUS Intl, Lowers Price Target to $19
Portfolio Pulse from jenniferd'souza@benzinga.com
Canaccord Genuity analyst Aravinda Galappatthige maintains a 'Buy' rating on TELUS Intl (NYSE:TIXT), but has lowered the price target from $21 to $19.
August 07, 2023 | 1:50 pm
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TELUS Intl's price target has been lowered from $21 to $19 by Canaccord Genuity, though the 'Buy' rating is maintained.
The news is directly about TELUS Intl (TIXT). The lowering of the price target might indicate a potential downside risk, but the maintained 'Buy' rating suggests that the analyst still sees value in the stock. This could lead to mixed market reactions, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100