Ticker: NXT.L

RBC Capital Markets lowers Marks & Spencer to sector perform over rising execution risks post-cyberattack and cautious valuation view, despite solid food segment showing and steady innovation drive.

Next PLC shares surged over 7% on the LSE after raising its annual guidance, fueled by an 8.2% sales increase. The retailer’s profit before tax hit £1.01 billion, while a boosted dividend underscores confidence despite potential trade policy challenges.