Clothing retailer Next plc (LON:NXT) and the owner of price-cutter Primark are back in fashion with analysts at broker Goldman Sachs.
The City firm has raised its rating on Next to 'neutral' from 'sell' as consumer confidence held up better than expected after the EU referendum vote.
Goldman Sachs also cited the Bank of England's decision to reduce base interest rates by 0.25 basis points to 0.25% as supportive.
The broker said it still expected the trend towards buying more clothes online, as well as a generally lacklustre market, to stall increases in Next's earnings.
It added that risks to job growth and rising import costs after the referendum were boosting the possibility of a further downturn in demand in the autumn and winter.
But Goldman added: "Next is better placed than other relatively mature domestic retail peers."
The broker also upgraded its target price on Next to 5600p from 4800p.
Goldman also changed its tune on Primark owner Associated British Foods plc (LON:ABF), telling investors to hold onto the shares rather than sell them.
"We believe ABF offers investors a combination of modest growth food manufacturing assets, of which about 64% are outside the UK, and a rapid growth clothing discount retailer with proven international success and a strong market-share gain track record."
Goldman changed its price target to 3100p from 2475p.
Meanwhile, broker Peel Hunt downgraded pension provider Curtis Banks Group PLC (LON:CBP) to 'hold' from 'buy' with a reduced price target of 280p.
On Tuesday, shares in Curtis Banks - which provides full self-invested personal pension schemes (SIPPs) and oversees more than £9bn of assets - fell nearly 16% after it said the Bank of England's interest rate cut "will present challenges and therefore will put pressure on income."
Peel Hunt said in a note ahead of Curtis's half-year results that the rate cut was likely to weigh on the company's revenues.
Another financial stock, Admiral Group plc (LON:ADM), got kinder treatment from the broker, which reiterated its 'hold' advice on the insurer and upped its price target to 2012p from 1980p.
Support services group Bunzl plc (LON:BNZL) was also in favour with broker RBC Capital Markets, which increased its price target to 1950p from 1700p.