Jefferies downgrades Marks & Spencer to 'hold' due to valuation and job market concerns

From Investing.com: 2025-02-05 07:47:02

Jefferies has downgraded Marks & Spencer to a ‘hold’ rating citing concerns over valuation and risks in the job market. The British retailer has been facing challenges due to the impact of the pandemic on consumer behavior and the overall economic environment. This downgrade reflects the uncertainty in the retail sector and the company’s ability to navigate through these challenges.



Read more at Investing.com: Jefferies downgrades Marks & Spencer to ‘hold’ on valuation, job market risks