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TLS $3.08

Morgans - buy TLS on the Dips

  1. sprooker7

    2,050 Posts.
    1
    Last time Morgans came out with a buy on the dips rating MFG went from 13 to currently $20
    The analysts agree , first Charlie Aitken now Morgans joining in the chorus

    TLS is a massive buy in 2015 IMO

    Back to News & Announcements

    Buy Telstra on the Dips, Says Morgans -- Market Talk



    0055 GMT [Dow Jones] Telstra's (TLS.AU) strong rally can continue, at least over the longer term, says Morgans, which hikes its target on Australia's dominant telecom to A$7.20/share from A$6.50. "The daily and weekly momentum indicators have reached strongly over-bought territory, suggesting that the price is likely to pull back soon," it says. "The potential short term share price weakness would provide a buying opportunity." TLS is up 0.4% at A$6.64. ([email protected])

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