Jefferies raised the firm’s price target on Dunelm (DNLMY) to 1,131 GBp from 1,115 GBp and keeps a Hold rating on the shares following the company’s Q1 earnings report and reaffirmed FY26 profit-before-tax guidance. The firm still remains cautious about Dunelm’s “ability to deliver the premium growth required to justify meaningful multiple upside,” but finds the improved margin outlook and solid trading momentum “reassuring.”
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Read More on DNLMY:
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