Analysts say 'buy' as Next faces challenges

January 2005
Cabinet Maker;1/21/2005, Issue 5422, p6
Trade Publication
This article reports that Next Inc. lost a modest 21p on confirming that full-year profits would be lower than current forecasts. Undeterred, analysts at Citigroup Inc. repeated their "buy" recommendation, with a warning that 2005/06 is likely to be a more challenging period. Marks & Spencer Group PLC gained 4p when the widely predicted profits warning was found to be no worse than expected.


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