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Fly News Breaks for May 12, 2017
TIF
May 12, 2017 | 05:33 EDT
Goldman Sachs analyst Lindsay Drucker Mann upgraded Tiffany & Co. to Buy with a $107 price target. The luxury category is improving amid higher international tourist spending and a "firming" high-end U.S. consumer, Mann tells investors in a research note. She also believes Tiffany management can unlock "significant" free-cash flow through operational improvements.
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