The Globe and Mail reports in its Friday, July 17, edition that Raymond James analyst Steven Li says the Canadian telecommunications industry is navigating a period of many changes -- some structural, some less so, but all still impactful. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Li rates BCE "market perform" in new coverage. He set a share target of $37. Mr. Li says: "In the past year, BCE has made two bets: AI Fabric and Ziply. While these initiatives together represent only 10 per cent of BCE's enterprise value, we believe they can have an outsized impact on BCE's growth profile and prospects and subsequently trading multiple. Depending on execution, these strategic initiatives could alleviate legacy pressures and provide growth optionality or hurt BCE's value." The Globe reported on July 10 that RBC Dominion Securities analyst Drew McReynolds had reaffirmed his "outperform" recommendation for BCE when it could be had for $30.28.