RE:RE:Downngraded again and PT cut Fundamentally I do not believe anything wrong with Telus - its the best of the big 3 and had the best earnings from what I could tell of the big 3. This sure seems like a bully move by the analysts to come out swinging and knock it down lower and lower when its in the dumps already, interest rate cuts should only help it also. The dividend as you say is the upside and they have already stated to increase it 7% a year for the next 3 years so that is a look forward positive moment.