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Fly News Breaks for August 18, 2015
SIG
Aug 18, 2015 | 06:27 EDT
Nomura analyst Simeon Siegel recommends using the underperformance of Signet Jewelers as an opportunity to buy and hold the name. The stock is down 6% year-to-date with fears "clearly taking over," Siegel tells investors in a research note. The analyst believes comp concerns are overdone and keeps a Buy rating on Signet with a $169 price target.
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