---
title: "Telus: Strategic Moves and Financial Outlook Support Buy Rating Amid Stock Sell-Off"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/268493935.md"
description: "Telus has been upgraded to a Buy rating by Canaccord Genuity's analyst Aravinda Galappatthige, with a C$21.00 price target. The upgrade is based on Telus's strategic decisions, financial outlook, and commitment to maintaining dividends despite a stock sell-off. The company aims to reduce its leverage ratio by 2027 and is exploring asset divestitures, including Telus Health. TD Cowen also maintains a Buy rating with a C$26.00 target. These factors support confidence in Telus's future performance."
datetime: "2025-12-03T22:17:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/268493935.md)
  - [en](https://longbridge.com/en/news/268493935.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/268493935.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/268493935.md) | [繁體中文](https://longbridge.com/zh-HK/news/268493935.md)


# Telus: Strategic Moves and Financial Outlook Support Buy Rating Amid Stock Sell-Off

Telus, the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Aravinda Galappatthige from Canaccord Genuity upgraded the rating on the stock to a Buy and gave it a C$21.00 price target.

### TipRanks Cyber Monday Sale

-   Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
-   Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off

Aravinda Galappatthige has given his Buy rating due to a combination of factors including Telus’s recent strategic decisions and financial outlook. The company has experienced a significant stock sell-off, yet it has issued new free cash flow (FCF) objectives through 2028, which suggests a positive long-term growth trajectory. Despite the high dividend yield, which often indicates potential cuts, Telus is expected to maintain its dividend distribution, which is a positive signal for investors.  
Furthermore, Telus is actively working on reducing its leverage ratio, with plans to reach a target by the end of 2027. The company is also exploring asset divestitures, including a potential transaction involving Telus Health, which could generate substantial proceeds. These strategic moves, along with the company’s commitment to maintaining its dividend and achieving its FCF targets, underpin the Buy rating. The valuation remains attractive, with the target price set at $21.00 per share, reflecting confidence in Telus’s future performance.

Galappatthige covers the Communication Services sector, focusing on stocks such as BCE, Telus, and Rogers Communication. According to TipRanks, Galappatthige has an average return of \-0.5% and a 48.28% success rate on recommended stocks.

In another report released on November 26, TD Cowen also maintained a Buy rating on the stock with a C$26.00 price target.

### Related Stocks

- [TELUS Corporation (TU.US)](https://longbridge.com/en/quote/TU.US.md)

## Related News & Research

- [Telus Hold Rating: Slowing Growth, High Leverage, and Valuation Risks](https://longbridge.com/en/news/269332997.md)
- [TELUS Closes Offering of US$ and C$ Junior Subordinated Notes, Raising C$2.9 Billion](https://longbridge.com/en/news/269221825.md)
- [Boardwalktech Raises C$384,800 in First Tranche of Private Placement](https://longbridge.com/en/news/281385232.md)
- [VSBLTY to Raise Up to C$7 Million in Private Placement, Grants New RSUs](https://longbridge.com/en/news/281104034.md)
- [19:22 ETNOTICE OF SETTLEMENT APPROVAL - SHORT FORM](https://longbridge.com/en/news/281434539.md)