JP Morgan upgrades its outlook on THG stock

JP Morgan has upgraded its outlook on online retailer THG. The Manchester-headquartered group returns to the FTSE 250 tomorrow (September 24) on the back of positive half-year results. Now JP Morgan has raised THG’s stock from ‘underweight’ to ‘neutral’ – sparking a 4.5 per cent increase in the retailer’s share price. Underweight means they expect … Continue reading JP Morgan upgrades its outlook on THG stock