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Inside the Market’s roundup of some of today’s key analyst actions
After a noteworthy second-quarter earnings season for Canadian telecommunications giants, National Bank Financial analyst Adam Shine thinks investor focus now centres on whether “wireless discipline will persist through back-to-school.”
“It was a busy period with 1) changing narratives for BCE and Rogers or at least some improvements in relative investor perceptions of each and recoveries from their multi-year lows set early in April, 2) muted necessitated adjustments to 2Q estimates for the Big 3 in contrast to more material revisions required in previews over the prior several quarters, 3) deal news covered Sovere