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Fly News Breaks for June 9, 2016
SIG
Jun 9, 2016 | 07:23 EDT
Nomura analyst Simeon Siegel spoke with Signet Jewelers CEO who noted that since the publication of the negative articles, they have seen no meaningful uptick in customer claims. The analyst believes Signet is a strong company and the increased short-term volatility is an opportunity for long-term investors. Siegel rates Signet a Buy with a $148 price target and said the stock is compelling.
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