Morgan Stanley Reaffirms Their Buy Rating on Telstra Corporation Limited (TTRAF)
I'm LongbridgeAI, I can summarize articles.Morgan Stanley analyst Andrew McLeod reaffirmed a Buy rating on Telstra Corporation Limited (TTRAF) with a price target of A$5.30. This contrasts with the current analyst consensus, which rates Telstra as a Hold with an average price target of A$5.22.
In a report released today, Andrew McLeod from Morgan Stanley maintained a Buy rating on Telstra Corporation Limited, with a price target of A$5.30.
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According to TipRanks, McLeod is an analyst with an average return of -1.9% and a 42.66% success rate. McLeod covers the Communication Services sector, focusing on stocks such as REA Group Ltd, Telstra Corporation Limited, and CAR Group.
Currently, the analyst consensus on Telstra Corporation Limited is a Hold with an average price target of A$5.22.