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Fly News Breaks for November 25, 2015
SIG
Nov 25, 2015 | 09:36 EDT
Goldman said Signet's Q3 miss is transient and comp sales should accelerate in Q4. Analyst Lindsay Drucker Mann said Q3 is Signet's smallest quarter, the company attributed the slowdown to the implementation of operating initiatives, and the company saw solid reacceleration in November to date. Drucker Mann rates Signet a Conviction Buy with a $177 price target on shares.
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