William Blair analyst Maggie Nolan has maintained their neutral stance on TIXT stock, giving a Hold rating today.
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Maggie Nolan has given her Hold rating due to a combination of factors surrounding the recent developments with TELUS International (CDA). The announcement of TELUS Corp.’s definitive agreement to acquire all remaining shares of the company at a premium price suggests a significant immediate value for shareholders. However, this also implies that there might be limited upside potential for the stock in the public market, as the shares will be delisted following the acquisition.
Furthermore, the transaction is set to proceed with a court-approved plan and has already garnered support from major shareholders, indicating a high likelihood of completion. While the acquisition promises to enhance operational integration and accelerate AI and SaaS capabilities, the Hold rating reflects a cautious stance given that the stock’s future trading prospects are tied to the successful execution of the merger, which is expected to close in the fourth quarter of 2025.
In another report released today, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a C$5.50 price target.