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Fly News Breaks for June 11, 2018
SIG
Jun 11, 2018 | 08:02 EDT
RBC Capital analyst Brian Tunick raised his price target on Signet Jewelers to $51 after its better than expected Q1 earnings, saying the results suggest that comps are starting to normalize as the management "rebuilds credibility". Tunick also keeps his Sector Perform rating, adding that it is too early to call the quarter a "turnaround", even though he is "intrigued" by the improvements in the business.
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