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Fly News Breaks for May 25, 2018
TIF
May 25, 2018 | 08:34 EDT
RBC Capital analyst Brian Tunick raised his price target on Tiffany to $126, saying the company's latest results demonstrate that the management's focus areas are "on point" in attempting to turn around its business globally. Tunick adds that while the improvements have become more evident even before the heavy investment push on tap for this year, the raised expectations and the current valuation diminish any further upside for the stock price. The analyst keeps his Sector Perform rating on Tiffany.
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