The Globe and Mail reports in its Tuesday, May 13, edition that National Bank Financial analyst Richard Tse has given his recommendation for Telus International a boost to "outperform" from "sector perform." The Globe's David Leeder writes in the Eye On Equities that as well, Mr. Tse gave his share target a 50-cent lift to $3.50 (all figures U.S.). Analysts on average target the shares at $6.72. Mr. Tse says Telus International posted "solid" first quarter results and full-year guidance, citing its valuation and seeing "an inflecting outlook following a number of years of continuing declines." Mr. Tse says in a note: "While that's not to say the underlying model will have margins reverting to previous levels, it appears the company is executing to recast its services toward growth markets, which we think sets up for improving numbers looking ahead. ... All in, we believe FQ1'25 was a solid quarter relative to expectations with increasing stabilization across a number of business segments where the company's top five largest customers grew both sequentially and year-over-year, including its large social media customer (in our opinion, Meta), which grew year-over-year after continued declines in FY24."