Telstra Co. Limited (ASX: TLS) was upgraded by investment analysts at BBY Limited to a “buy” rating in a note issued to investors on Thursday. The firm currently has a $4.46 (4 AUD) target price on the stock.

Shares of Telstra Co. Limited traded down 1.21% during mid-day trading on Thursday, hitting A$4.090. Telstra Co. Limited has a one year low of A$3.060 and a one year high of A$4.090. The company has a market cap of A$50.734 billion and a P/E ratio of 15.11.

Separately, analysts at Nomura reiterated a “neutral” rating on shares of Telstra Co. Limited in a research note to investors on Monday. They now have a $4.23 price target on the stock.

Telstra Corporation Limited (Telstra) telecommunications and information services company providing telecommunications and information services for domestic and international customers.

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