Telus International price target raised to $10 from $9 at Citi

Citi analyst Ryan Potter raised the firm’s price target on Telus International to $10 from $9 and keeps a Neutral rating on the shares. The company reported relatively in-line results that showed a return to sequential and organic sales growth, the analyst tells investors in a research note. The firm says Telus International’s margin and cash flow performance was solid in the quarter and is expected to continue into 2024 despite some incremental growth investments.