Jefferies raised the firm’s price target on J Sainsbury (JSAIY) to 330 GBp from 300 GBp and keeps a Hold rating on the shares. Jefferies is taking a more cautious view on UK retail, seeing a “disconnect between market optimism and consumer confidence.” Marks & Spencer remains the firm’s key Buy in the group.
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Read More on JSAIY:
- J Sainsbury upgraded to Hold from Reduce at Kepler Cheuvreux
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