CIBC analyst Stephanie Price adjusted the firm’s rating on Telus Digital (TIXT) to Tender from Neutral with a price target of $4.50, up from $3.40, after parent Telus (TU) offered to take Telus Digital private at $4.50 per share. The definitive bid has the approval of Telus Digital’s special committee and EQT, which owns 37.7% of subordinate voting shares, the analyst noted.
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