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With most brokers taking a well-earned break over the vacation interval, dealer notes are few and much between proper now.

However don’t fear, listed under are a number of current suggestions that is still very related at this time. Right here’s what brokers are saying about these ASX shares:

In keeping with a be aware out of Goldman Sachs, its analysts have a purchase ranking and $15.20 value goal on this lithium miner’s shares. Though the dealer is anticipating lithium costs to fall materially within the coming years, it stays optimistic on Allkem. It likes the miner attributable to its engaging valuation at 1x NAV and its plan to develop manufacturing 4x by FY 2027. The latter is predicted to largely offset weaker lithium costs. The Allkem share value is buying and selling at $11.01 at this time.

Telstra Group Ltd (ASX: TLS)

A be aware out of Morgan Stanley reveals that its analysts have an obese ranking and $4.75 value goal on this telco large’s shares. Morgan Stanley is optimistic on Telstra’s outlook due to the current approval of a restructure. Its analysts be aware that this implies the corporate might unlock worth by promoting a few of its infrastructure belongings. Morgan Stanley suspects {that a} main share buyback may very well be undertaken if belongings are offered off. The Telstra share value is fetching $3.99 on Thursday.

Temple & Webster Group Ltd (ASX: TPW)

One other be aware out of Goldman Sachs reveals that its analysts have a purchase ranking and $7.50 value goal on this on-line furnishings retailer’s shares. Whereas Goldman has lowered its earnings estimates barely following Temple & Webster’s buying and selling replace, it stays bullish. It’s because the dealer believes that the corporate has one of many strongest long run structural development alternatives beneath protection. A lot so, it’s forecasting a 22% EBITDA CAGR over the subsequent 10 years. The Temple & Webster share value is buying and selling at $4.39 this afternoon.