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Fly News Breaks for August 26, 2016
SIG
Aug 26, 2016 | 07:53 EDT
RBC Capital analyst Brian Tunick is "disappointed" by Signet's Q2 miss. However, he expects the company to gain share when industry trends normalize, and he believes that several positive catalysts make the stock "intriguing" at current levels. The analyst cut his price target on the shares to $100 from $120 but keeps an Outperform rating on the shares.
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