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Fly News Breaks for June 5, 2019
TIF
Jun 5, 2019 | 07:39 EDT
Cowen analyst Oliver Chen said he sees a great opportunity ahead for Tiffany as he was encouraged by its better than feared guidance. The analyst sees a very robust innovation pipeline ahead including products, digital, and stores, which should drive top line 2H19 growth against easier comparisons. Chen reiterated his Outperform rating and $115 price target on Tiffany shares.
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