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Goldman Sachs names 4 reasons to buy Telstra shares – Motley Fool Australia

A leading broker believes that Telstra Corporation Ltd (ASX:TLS) shares are in the buy zone. Here are four reasons why…

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The Telstra Corporation Ltd(ASX: TLS) share price could be in the buy zone according to one leading broker.
Although Goldman Sachs has taken the telco giant off its conviction buy list, its analysts still have a regular buy rating and $3.60 price target on its shares. This price target implies potential upside of over 27% for the Telstra share price excluding dividends.
But why is the broker positive on Telstra? It has named four reasons it believes that the company’s shares are a buy at the c…

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