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Jefferies downgrades Tesco, Next, AB Foods

By Michele Maatouk

Date: Monday 15 Dec 2025

(Sharecast News) - Jefferies adjusted its ratings on a host of UK retail stocks on Monday, having updated its consumer disposable spend forecasts for 26/27.
The bank said the update shows a potential mismatch developing between consensus like-for-like sales and a more muted spending environment. "This more cautious view prevents us...

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