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telus stock rating downgraded as analysts recommend better investment options
TELUS has recently faced downgrades from several analysts, with Bank of America lowering its rating from buy to neutral and setting a price target of C$22.00. The stock currently holds a consensus rating of "Hold" among analysts, with a market capitalization of C$30.10 billion and a PE ratio of 32.43. Despite insider buying activity, the stock has seen a decline, opening at C$19.99, down 4.7%.
analysts downgrade telus stock amid mixed ratings and insider activity
TELUS has been downgraded to a "neutral" rating by Bank of America, with a revised price target of C$22.00, down from C$24.00, suggesting a potential upside of 10.39%. The stock is currently rated as "Hold" by analysts, with a consensus price target of C$22.91. Recent trading saw TELUS shares drop to C$19.93, with a 12-month range between C$19.10 and C$23.43.
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