RBC Capital Maintains Outperform on TELUS, Lowers Price Target to C$25
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Drew McReynolds maintains an Outperform rating on TELUS (TSX:T) but lowers the price target from C$26 to C$25.
August 05, 2024 | 3:33 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on TELUS but lowers the price target from C$26 to C$25, indicating a slightly less optimistic outlook.
The Outperform rating suggests continued confidence in TELUS's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100