UBS has increased its target price for Marks & Spencer to 465p from 425p, maintaining a 'buy' rating with a 13% upside potential. The investment bank expects online margins in fashion, home, and beauty to improve significantly by 2029, driven by operational efficiencies such as fewer split orders and better warehouse integration. UBS slightly lowered its earnings forecast for 2027 but raised projections for the following two years, reflecting confidence in the retailer's recovery and growth. Marks & Spencer's half-year results are due on November 4, with UBS anticipating a slight profit miss but overall positive sales trends, especially in food and fashion sectors.
Marks & Spencer's target price update by UBS is presented here with market context from Pluang's Consumer Cyclical sector. For readers following this sector, as of Oct 14, 2026 18:02 WIB, 88 of 134 US stocks rose while 37 fell. Notable movers include HTHT at USD 43.54 with a 1-day change of -1.43%, PRTS at USD 8.22 with a 1.36% increase and 100% sell order activity, and JMIA at USD 5.98 with a 1.18% rise and typical hold time of 29 days.
Genesis Global won the Best AI Solution for Software Development award at the 2026 AI in Capital Markets Awards for its product Genesis Create. This software combines AI with reusable components and financial expertise to help firms develop productio...
nuVizz has been recognized as an Accelerator in the 2026 Nucleus Research Transportation Management Value Matrix for its specialized last-mile delivery technology. The platform excels in coordinating complex delivery networks involving private fleets...
ASML Holding posted a strong Q3 2026 earnings per share of $14.65, beating estimates of $12.17, driven by a 55% year-over-year sales growth and a 57.5% gross margin. Although revenue was slightly below expectations at $13.05 billion, the company bene...
Charles Schwab is set to report its Q3 2026 earnings with an estimated EPS of $1.66 and revenue around $7.18-$7.19 billion, reflecting significant growth driven by an 18.2% increase in trading revenue, net interest income, and asset management fees. ...
Transmission System Operators (TSOs) are increasingly investing in software like Energy Management Systems and grid planning tools to modernize aging infrastructure, enhance cybersecurity, and expand grid capacity. Cybersecurity remains their top con...
