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Fly News Breaks for September 26, 2018
TIF
Sep 26, 2018 | 07:46 EDT
Cowen analyst Oliver Chen raised his estimates on Tiffany to reflect his conviction in the company's growth prospects from improved product, marketing, and customer engagement. He also sees margins expansion from favorable commodity cost trends and global expansion strength in lower price point products. Chen reiterated his Outperform rating and $150 price target on Tiffany shares.
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