Telus International price target raised to $11.50 from $10.50 at TD Securities

TD Securities raised the firm’s price target on Telus International to $11.50 from $10.50 and keeps a Buy rating on the shares following the Q4 report. Consistent with overall industry expectations, management is expecting a recovery in the second half of 2024, the analyst tells investors in a research note. The firm says Telus International continues to win artificial intelligence programs, particularly with Google.