Scotiabank Raises Price Target for Telus International Following Digital Merger Announcement

Reported 2 days ago

Scotiabank has increased its price target for Telus International (TIXT) from $3.50 to $4.50, following TELUS's plans to acquire outstanding shares of TELUS Digital. This merger aims to enhance operational integration and improve AI capabilities across various sectors, including telecommunications and healthcare. Scotiabank describes the deal as beneficial for shareholders, indicating strong future potential for AI advancements.

Source: YAHOO

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