I'm relieved to inform Telstra SH's Shaw and Partners have cut Telstra's SP target to $3.16.
Why I am relieved is because I had Shaw and Partners emails for over a year and they basically get every call wrong. The type of broker who who swears by ISD or VOC. I have followed many brokers over the years the worst being Morningstar and Shaw imo.
Jokes aside I think Telstra has bottomed this week but am well aware my opinion will not alter Blackrock or Vanguard etc. from doing as they please. re BHP
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