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Analyst Downgrades Quebecor, Upgrades BCE Amid Growth Prospects

10/18/2025

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Summary

Story summary

RBC Dominion Securities analyst Drew McReynolds downgraded Quebecor to Sector Perform from Outperform and raised the target to $46 in 2025.
He expects Quebecor to achieve sustained telecommunications revenue growth by 2025.
McReynolds said the stock's strong performance is now reflected in its valuation.
Analysts upgrade BCE Inc.'s stock due to improved fundamentals and cash flow visibility.
BCE remains a solid income investment despite competitive pressures.

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Story summary

RBC Dominion Securities analyst Drew McReynolds downgraded Quebecor to Sector Perform from Outperform and raised the target to $46 in 2025.
He expects Quebecor to achieve sustained telecommunications revenue growth by 2025.
McReynolds said the stock's strong performance is now reflected in its valuation.
Analysts upgrade BCE Inc.'s stock due to improved fundamentals and cash flow visibility.
BCE remains a solid income investment despite competitive pressures.