TELUS Receives Mostly Hold Ratings as Several Brokers Cut Targets
TELUS shares have been rated mostly Hold by 13 covering firms, with two sell ratings, one buy, and one strong buy. The average 12-month price objective is C$18.68. Morgan Stanley cut its rating to underweight and lowered its target to C$13.00, while CIBC downgraded TELUS to Hold. TELUS reported C$0.16 EPS for the quarter.