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Fly News Breaks for August 28, 2015
SIG
Aug 28, 2015 | 08:25 EDT
Goldman said Signet Jewelers' solid Q2 results reinforce its view in secular growth, value creation from the recently acquired Zales business through synergies and operational improvements, and commodity tailwinds that will aid gross margin expansion. The firm raised its price target to $177 from $170 to reflect upward earnings revisions and reiterated its Buy rating.
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