Telus International initiated with a Buy at Canaccord

Canaccord analyst Aravinda Galappatthige initiated coverage of Telus International with a Buy rating and $28.50 price target. The digital IT service provider has "deep expertise" in customer experience, or CX, and is well positioned within growth sectors, says the analyst, who adds that Telus International is a "rare amalgam of high growth, FCF yield, and margins."