Currys is becoming "investable" again chirped RBC Capital Markets following the sale of its Greek business three weeks ago.
Whether that is the case will become clearer next Thursday when the electrical goods retailer publishes interim numbers.
Analysts at Barclays are not so sure a turning point has been reached, predicting a 3.5% decline in UK and Ireland like-for-like sales or worse than the first quarter of the year.
Underlying profits in UK/Ireland will almost halve year-to-year to £13m from £25mn last year, predicts the bank, mainly because of relatively weak top-line growth.
The good news, says Barclays, is that the troublesome Nordics arm is starting to mend or at least not get worse and that could mean underlying profits overall rising to £7m.
But it is the lack of positive catalysts and visibility on earnings momentum that Barclays says prevents it from being more upbeat.
'Equal weight ' with a 53p target is its investment view.