BofA upgraded Marks & Spencer to Buy from Neutral with a price target of 300 GBp, up from 197 GBp. The analyst believes the stock “remains mispriced” despite the year-tp-date rally and sees potential for upward earnings revisions. The firm says Marks & Spencer’s clothing and home margin potential is underappreciated.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on MAKSY:
