Citigroup Maintains Neutral on TELUS Intl, Lowers Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ryan Potter has maintained a Neutral rating on TELUS Intl (NYSE:TIXT) and lowered the price target from $10 to $8.5.

April 22, 2024 | 4:06 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on TELUS Intl and lowered the price target from $10 to $8.5.
The reduction in price target by Citigroup, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in TIXT's stock price. The maintenance of a Neutral rating indicates that the analyst sees limited upside or downside potential from the current price level, but the lowering of the price target suggests a reassessment of the stock's future performance potential, which could be interpreted negatively by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100