Wednesday preview: ASOS, Redrow, MPC minutes

After the recent gloomy trading statement from fashion retailer Next, ASOS shareholders might be a bit apprehensive ahead of the online clothes seller's interim management statement on Wednesday, but Panmure Gordon says not to worry.

After the recent gloomy trading statement from fashion retailer Next, ASOS shareholders might be a bit apprehensive ahead of the online clothes seller's interim management statement on Wednesday, but Panmure Gordon says not to worry.

The broker recently raised its price target for the stock from 2179p to 2378p ahead of the trading statement, which will cover the three months to the end of August, the group's new fourth quarter (Q4) following its year-end change.

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