Financial Wire

Telus Shares Fall After Canaccord Downgrade

Telus (TU) shares were down 5.7% in Thursday trading after Canaccord Genuity downgraded the stock to hold from buy and lowered the price target to CA$17.50 from CA$21.Trading volume stood at over 9.3 million shares, compared with a daily average of about 5.9 million.Price: $11.91, Change: $-0.73, Percent Change: -5.74%

-- Telus (TU) shares were down 5.7% in Thursday trading after Canaccord Genuity downgraded the stock to hold from buy and lowered the price target to CA$17.50 from CA$21.

Trading volume stood at over 9.3 million shares, compared with a daily average of about 5.9 million.

Price: $11.91, Change: $-0.73, Percent Change: -5.74%