TELUS International reports second quarter 2023 results within previously updated range, and reaffirms revised full-year outlook for 2023

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BMO Capital Downgrades Telus International (TIXT) to Market Perform

August 7, 2023 5:40 AM EDT

BMO Capital analyst Keith Bachman downgraded Telus International (NYSE: TIXT) from Outperform to Market Perform with a price target of $11.00 (from $21.00).

The analyst comments "We are lowering our target price to $11, and moving to the sidelines. While we acknowledge the weak... More