Friday May 9, 11:05 AM
Broker snap: SG sees Next improving
LONDON (ShareCast) - SG Securities has lifted its recommendation on Next to 'hold' from 'sell' and raised its target price to 1,317p from 910p, following the fashion group's trading update yesterday. The update was weak, but this had been expected and, even though Next remains challenged, news in coming months is likely to be better the broker said.
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