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Fly News Breaks for August 22, 2019
TIF
Aug 22, 2019 | 07:26 EDT
Cowen analyst Oliver Chen lowered his price target on tiffany to $107 from $115 as he is cautious heading into Q2 results. The analyst cited a tough comps comparison, weak Chinese tourism into the US, disruptions in Hong Kong, and a lack of product newness. Chen maintained his Outperform rating on Tiffany shares.
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