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Fly News Breaks for May 27, 2015
TIF
May 27, 2015 | 09:50 EDT
Cantor raised its price target on Tiffany to $97 from $86 following the company's Q1 earnings beat and said the company's outlook and the prior FactSet consensus estimate for FY15 EPS of $4.17 both appear conservative in the firm's view. Cantor said it is "warming up to Tiffany," but maintains a Hold rating on the stock, citing valuation.
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