Information Provided By: 
Fly News Breaks for August 26, 2016
SIG
Aug 26, 2016 | 07:29 EDT
After Signet reported weaker than expected results and lowered its guidance, Wells Fargo says the results were "fundamentally disappointing." However, the firm says that there were a few positive items, including an investment by Leonard Green and "ongoing balance sheet optionality." The firm cut its price target on the shares to $100-$105 from $112-$114 but says that the stock remains the cheapest name it covers. Wells expects the company to grow next year, and it keeps an Outperform rating on the shares.
News For SIG From the Last 2 Days
There are no results for your query SIG
