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Review of Telus International
JUN 27, 2024 - We have been covering Telus International (TIXT) since July 2021. We initiated coverage at an A- but have made two downgrades, for three notches total, to the point where we now have the stock rated a B-. Recent share price weakness supports this rating, being down 61% over the last year. The fundamental changes have been evident, and a shift in market dynamics paired with slower adaptation are potential reasons for the deterioration that we have seen. We are dropping coverage of TIXT.
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Q: What would have to happen at Tixt to get the company back on track and have insiders been buyers?
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Q: Hello, thanks for all you do for us. Could you tell me if Telus international is a takeover target for Telus (T) since the shares are well off the IPO price?
Q: What is your assessment of TIXT latest earnings. Why is there such a strong negative market reaction?
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