Telstra upgraded, Webjet rated as a buy, Westpac update

At lunch on Wednesday the S&P/ASX 200 Index (ASX: XJO) is giving back the majority of yesterday’s gains. The benchmark index is down 0.6% to 6,784 points at the time of writing.

Here’s what is happening on the market today:

Telstra shares upgraded

The Telstra Corporation Ltd (ASX: TLS) share price is rising today after being the subject of a positive broker note. According to a note out of Ord Minnett, its analysts have upgraded the telco giant’s shares to a buy rating with a with an improved price target of $4.05. The broker believes Telstra’s key post-paid mobile business is well-placed to benefit from the 5G…