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Fly News Breaks for July 16, 2018
TIF
Jul 16, 2018 | 06:21 EDT
Loop Capital analyst Laura Champine raised her price target on Tiffany to $150 and kept her Buy rating following an update to her model, citing the company's improved growth prospects following the redesign of its product. The analyst adds that there is still an opportunity to update Tiffany's store appearance, but notes that her estimate for FY18 comps of up 6.1% is already the highest growth rate the company posted since 2011.
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