Citigroup Maintains Neutral on TELUS Intl, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ryan Potter has maintained a Neutral rating on TELUS International (NYSE:TIXT) and increased the price target from $7 to $9.

January 17, 2024 | 4:04 pm
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Citigroup has maintained a Neutral rating on TELUS International but raised the price target from $7 to $9, indicating a positive outlook on the stock's value.
The increase in price target by Citigroup suggests an improved valuation of TELUS International, which could lead to increased investor interest and a potential rise in the stock price in the short term. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target, tempering the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100