Matthew Litchfield of Phillips Capital is very positive towards TLS suggesting its TP could go much higher:
"Investors seeking stability in the equity market should consider holding Telstra due to its defensive nature and solid dividend payments. Further, investors can expect details of a new capital management program to be announced at its August results given the sale of its Autohome investment"
TLS Price at posting:
$5.75 Sentiment: Buy Disclosure: Held
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