Outperform market, page-65

Both Morgans & M.o.t..l.e.y F*** consider that TLS is one of the top ASX blue chip stocks to invest in currently.

M.o.t.l.e.y F *** J. Mickleboro 19.6.23 said

"Another ASX 200 blue chip share that is rated as a buy is Telstra. It is of course Australian largest telecommunications company.

Morgans is a fan of the company and believes its shares are good value at current levels. Particularly given how positive trading conditions are at present. It also sees potential for value to be unlocked from asset divestments. The broker said:

Telco has the strongest tailwinds in a decade with an increasingly rational market, price rises across the majors and the criticality of telco increasingly recognised. The last major mobile operator Vodafone/TPG increased mobile prices by ~$5 per month in January 2023 and all key players are behaving economically rational. This combines with catalysts including the potential for InfraCo value release following the legal restructure.

Morgans currently has Telstra on its best ideas list with an add rating and $4.70 price target".

https://www.**promotion blocked**.au/2023/06/19/reinforce-your-portfolio-with-these-asx-200-blue-chip-shares-analysts/
(Google " Motley Mickleboro Reinforce your portfolio with these ASX blue chip shares analysts" to open the link fully).