Jefferies downgrade10 Feb 2026 06:47
What a total nonsense statement by Jefferies focussing on the weight loss drug. This is purely speculative and I really don’t think they’ve got this close to reality. I sent absolutely no impact and the opposite as if you are using this, I’m sure it gives you the opportunity to eat more! Then Jefferies contradicts itself by saying “ Nevertheless, Jefferies said Greggs remains a high‑quality operator with strong brand equity, attractive return on invested capital, robust cash generation and "a still‑compelling long‑term rollout opportunity".
It said weather comps will ease in 2026, cyclical pressures should fade, and store expansion continues to underpin revenue”…..
I’m really of the opinion that the concert party was in full swing with the hedge funds greed looking for a partner to crash the share. This needs to be thoroughly investigated and severely punished. I expect the company to respond accordingly plus their broker to defend a higher target price then what Jefferies has done for the benefit of back door cash.
BRV Capricorn