Why this top broker thinks the Telstra (ASX:TLS) share price could surge ~40%
Brendon Lau | January 14, 2021 12:17pm |
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Telstra Corporation Ltd(ASX: TLS) share price has been a disappointing performer but at least one broker sees big potential upside.
The TLS share price slumped by nearly 20% over the past year and is trading at $3.08 at the time of writing.
That’s significantly worse than the circa 3% dip in the
S&P/ASX 200 Index (Index:^AXJO). Other ASX telecommunications stocks are also miles ahead.
Can the Telstra share price play catch-up in 2021?
The
Vocus Group Ltd(ASX: VOC) share price rallied 28% and the