The Financial Post reports in its Wednesday edition that Alberta's flagging economy and the Fort McMurray wildfires hurt Telus the most of the Big Three telcos, but it is still the top industry pick for some analysts who see such troubles as a "temporary blip." The Post's Emily Jackson, writing in Trading Desk, quotes Citi Research analyst Michael Rollins as saying he preferred Telus over Rogers Communications and BCE. Telus's dividend yield increased over the past two years while Rogers remained flat and BCE's dropped. Mr. Rollins thinks that government bond rates seem to be less of a driver of telco stock in Canada than they are in the United States. "We believe this is a sign of investors aligning their share price estimates more to that of fundamentals than strictly yield," he wrote. Mr. Rollins raised price targets across the board for the Big Three in advance of their upcoming quarterly earnings reports, increasing Telus to $48 from $46, Rogers to $55 from $51 and BCE to $63 from $62. Mr. Rollins still expects "more of the same" from Canadian telcos thanks to slower volume growth in the wireless business and strong competition in wireline. The market is waiting to see what Shaw does with Wind Mobile.