The Globe and Mail reports in its Tuesday, Jan. 13, edition that Desjardins Securities analyst Jerome Dubreuil has reaffirmed his "buy" recommendation and $23 share target for Telus. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $20.75. Dubreuil says in a note: "We find the capital allocation/financing strategy inconsistent with some of the company's objectives but believe this is already reflected in the share price. The company has options to further reduce leverage into the low-three-times range, which would compare favourably vs other members of the Big 3. Asset monetization and DDRIP removal would likely be well-received by investors. We are eager to learn more about the way Telus will structure its AI investments." The Globe reported on Dec. 15 that Mr. Dubreuil continued to rate Telus "buy." The shares could then be had for $17.63. The Globe reported on Dec. 24 that National Bank Financial analyst Adam Shine had reaffirmed his "outperform" recommendation for Telus. The shares were then going for $17.50.