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Telus International price target lowered to $11 from $15 at Citi
The Fly

Telus International price target lowered to $11 from $15 at Citi

Citi analyst Ryan Potter lowered the firm’s price target on Telus International to $11 from $15 and keeps a Neutral rating on the shares post the Q2 results. The demand environment remains challenging in the near-term from client cost cutting actions and delayed decision making, with increased pressure from a reduction in the company’s content moderation services delivered out of Europe with one of its largest clients, the analyst tells investors in a research note.

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