BUZZ-UK retailers: Jefferies sees faltering consumer confidence
** Jefferies cuts Poundland to underperform and M&S , Debenhams (Other OTC: DBHSF - news) and Dunelm to hold
** Broker reckons on growing unemployment fear risk in the UK and expects consumer confidence to fall
** Marks & Spencer (Other OTC: MAKSF - news) top UK blue-chip faller, down >1%; broker cuts PT to 410p vs 660p
** Dunelm top FTSE 250 faller, -2.3%, as broker cuts PT to 845p from 1025p; Debenhams third top UK midcap faller, -2%; PT reduced to 75p from 105p; among small caps, Poundland -1.4%, PT reduced to 135p vs 300p
** Broker upgrades Next (EUREX: NXTI.EX - news) (+0.3%) to hold (following 15% drop last week ), cuts PT to 5100p from 6750p
** FTSE 350 General Retailers Index, up 0.3 pct on Wed, has fallen 7.6 pct YTD (RM (LSE: RM.L - news) : aastha.agnihotri.thomsonreuters.com@reuters.net)