BEST BUY : Jefferies raises its recommendation
While acknowledging that '2024 will not be a record year', the broker considers investors' expectations for a mid-single-digit percentage decline in like-for-like sales to be 'conservative'.
'Demand linked to growing consumer interest in AI (artificial intelligence) will be the icing on the cake', adds Jefferies, which also points to an attractive valuation discount to the market.
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