Citigroup maintain their HOLD recommendation on Telstra (TLS) and 465c target price saying they don’t expect any earnings upgrade at the TLS Investor Briefing tomorrow. GSJBWere maintain their BUY recommendation and 545c target price say highlights at tomorrow’s Investor Day are likely to be: “(1) review and discussion of company strategy; (2) update on business transformation program; (3) imminent network/product launches and (4) September Q trading update”.
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