Canaccord Genuity Downgrades TELUS to Hold, Lowers Price Target to C$21.5
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has downgraded TELUS from Buy to Hold and lowered its price target from C$23 to C$21.5.
August 06, 2024 | 12:32 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Canaccord Genuity downgraded TELUS from Buy to Hold and reduced the price target from C$23 to C$21.5, indicating a less optimistic outlook.
The downgrade from Buy to Hold and the reduction in the price target suggest that the analyst sees less upside potential for TELUS. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100