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Fly News Breaks for August 25, 2017
TIF
Aug 25, 2017 | 08:39 EDT
Cowen analyst Oliver Chen said Tiffany's Q2 results were solid and he expects positive comps to return in the second half of 2017, noting he sees opportunity from new products on existing platforms. He said increased unit growth across all regions, strong digital sales, and consumers responding to newness underscore his conviction in the shares. Chen reiterated his Outperform rating and $102 price target on Tiffany.
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