The Globe and Mail reports in its Thursday edition that Desjardins Securities analyst Jerome Dubreuil is "more positive" on the Canadian telecommunications industry heading into 2024 than he has been all this year, citing "improved visibility, encouraging recent CPI prints and 2023 underperformance." The Globe's David Leeder writes that Mr. Dubreuil has reaffirmed his "hold" recommendation for BCE. His share target advanced 50 cents to $57.50. Analysts on average target the shares at $56.95. Mr. Dubreuil says in a note: "While we anticipate lower growth for BCE vs peers in the foreseeable future, we believe the stock could perform well if the Canadian macro environment deteriorates. We also believe decent Internet net additions are possible despite the recent capex-cut announcement, which should lead to strong free-cash-flow growth." The Globe reported on May 6 and Aug. 4 that Mr. Dubreuil rated BCE "hold." It was then worth $64.26 and $56.28. The Globe reported on June 27 and Aug. 25 that National Bank analyst Adam Shine rated BCE "sector perform" and "outperform." It was then worth $58.91 and $56.19. The Globe reported on Oct. 27 that Mr. Shine maintained his "outperform" call when BCE was worth $50.83.