Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Researcher Edison has published a non-commissioned report on retail giant Marks & Spencer (MKS) arguing that a recovery story is emerging. The report suggests this will be “evolution not revolution” – i.e. not rapid but suggests that the shares are undervalued at a 445p share price.
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