Scotiabank Maintains Sector Outperform on TELUS Intl, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Divya Goyal has maintained a Sector Outperform rating on TELUS Intl (NYSE:TIXT) but has lowered the price target from $15 to $13.

April 29, 2024 | 7:04 pm
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Scotiabank maintains a Sector Outperform rating on TELUS Intl but lowers the price target from $15 to $13.
While the maintenance of a Sector Outperform rating by Scotiabank indicates a positive outlook on TELUS Intl, the reduction in the price target from $15 to $13 suggests a tempered expectation for the stock's short-term price performance. This adjustment in the price target could lead to mixed reactions in the market, as investors weigh the positive rating against the lowered price expectations. The overall impact on the stock's price in the short term is likely to be neutral, as the positive sentiment from the rating is balanced by the reduced price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100