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via finance.yahoo.comMarkets

B&M falls 3% as J.P. Morgan puts it on negative catalyst watch before results

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Shares in London-listed retailer B&M European Value Retail fell 3% after J.P. Morgan placed the stock on negative catalyst watch ahead of half-year results on Nov. 12, saying the balance of risk and reward looks lopsided. Still guessing which stocks will beat…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA negative watch from a major broker ahead of half-year results may add volatility to the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01J.P. Morgan keeps an underweight rating and raises its March 2028 target to 201 pence from 190.
  2. 02The shares are up about 70% this year and trade at a premium to the sector.
  3. 03Half-year results are due on 12 November.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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