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Marks & Spencer upgraded to Buy from Neutral at Citi
The Fly

Marks & Spencer upgraded to Buy from Neutral at Citi

Citi analyst Nick Coulter upgraded Marks & Spencer to Buy from Neutral with a price target of 175 GBp, up from 150 GBp. The analyst believes the U.K.’s household available cashflow will start fiscal 2023 in positive territory. The firm upgraded Marks & Spencer to reflect "this less pessimistic view."

Published first on TheFly

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