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Fly News Breaks for December 6, 2019
TIF
Dec 6, 2019 | 09:33 EDT
Loop Capital analyst Laura Champine raised her price target on Tiffany to $135 and kept her Hold rating, reflecting the expected acquisition price to be paid by LVMH. While global demand levels remain impacted by weak tourist traffic, the analyst notes that the remainder of this reporting year should see a surge in Japan buying before the country's tax increase rollout.
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