BMO Capital lowered the firm’s price target on Telus to C$29 from C$33 and keeps an Outperform rating on the shares. Telus has lowered consolidated guidance for 2023 based on pressures at TELUS International, though guidance for the core telco operations is unchanged, the analyst tells investors in a research note.
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Read More on TU:
- Telus price target lowered to C$31 from C$32 at Canaccord
- Telus price target lowered to C$27.50 from C$29 at Desjardins
- TELUS provides update to annual guidance to reflect TELUS International’s revised financial outlook for full year 2023
- Telus sees FY23 adjusted EBITDA up 7%-8%
- TELUS partners with the Montreal Science Centre to collect used devices and give them a new life